Encompass Health is trading at $135.71, up +7.23%, with healthcare acting as a defensive haven after hotter-than-expected inflation revived rate-hike concerns and pressured technology shares.
- TD Cowen named Encompass Health a Q3 top pick, citing organic growth prospects and potential earnings upside.
- Available reporting does not establish that the call drove the pre-market surge; no confirmed company-specific catalyst was identified.