What exactly did Jefferies change on Feb 23, 2026?

Jefferies downgraded Enhabit, Inc. from **Buy** to **Hold** on **Feb 23, 2026** and set a **$13.80** price target, up from **$12.50**. The firm cited acquisition-related uncertainty as its reason.

How should investors interpret the EHAB analyst rating downgrade?

A downgrade to Hold signals more uncertainty, not necessarily permanent downside. It asks investors to reassess timing and risk around the company’s sale and integration assumptions.

Does the downgrade change the EHAB price target?

Jefferies lowered the rating but raised its price target to **$13.80**, reflecting different views on risk and value. Price targets can shift as deal details update.

How does Meyka AI view EHAB after the downgrade?

Meyka AI rates **EHAB** with a grade of **B**, considering benchmarks, sector trends, growth metrics, and analyst consensus. This grade is informational and not investment advice.

Analyst Ratings

Jefferies downgrades EHAB (Enhabit, Inc.) to Hold on Feb 23, 2026

ByHuzaifa Zahoor February 24, 2026

On Feb 23, 2026, Jefferies downgraded EHAB (Enhabit, Inc.) from Buy to Hold, a move that resets analyst expectations. The downgrade is the main change to the current EHAB analyst rating picture and includes a new Jefferies price target of $13.80, up from $12.50. Jefferies cited the company’s pending acquisition activity as a rationale. This rating change follows recent volatility tied to Enhabit’s agreed sale and moves investors to re-evaluate near-term catalysts.