BUZZ — Concentra rises; Jefferies initiates rating with 'buy'

* Occupational health services co Concentra's shares rise 1.66% to $39.80 premarket * Jefferies initiates coverage on stock with 'buy' rating; PT of $47 implies a 20% upside to stock's last close * Brokerage sees a dominant, high-quality occupational health leader with roughly 25% market share * Sees a structurally advantaged payor mix that improves its risk profile * Expects volume growth to hold up, citing rising blue-collar workforce additions, data center construction, and U.S. onshoring * All 10 brokerages covering the stock are bullish; median PT - $40.50 - data compiled by LSEG * As of last close, stock up ~99% YTD (Reporting by Miraanta Lowrance in Bengaluru) ((miraanta.lowrance@thomsonreuters.com)