Surgery Partners' Idaho Falls Sales Tightens Core Strategy, RBC Says

11:10 AM EDT, 09/30/2026 (MT Newswires) -- Surgery Partners' (SGRY) sale of its Idaho Falls facilities marks the company's most significant strategic move this year and leaves it more focused on its core short-stay care model, RBC Capital Markets said Tuesday in a report. RBC cut its 2027 EBITDA guidance to $443 million from $580.9 million to reflect the divestiture. The sale also provided around 30 basis points of balance-sheet improvement and stronger earnings-to-cash conversion, the report said. RBC reiterated its outperform rating on Surgery Partners stock and its $19 price target. Price: 14.26, Change: -0.15, Percent Change: -1.04