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Fly News Breaks for February 24, 2016
ABCO
Feb 24, 2016 | 07:39 EDT
Craig-Hallum analyst Matt Hewitt downgraded The Advisory Board to Hold citing the "messy" Q4 and initial FY16 guidance. The analyst said he underestimated the company's exposure on the software side as ICD-10 related revenues fell the hardest and views shares as fully valued in the near-term. Hewitt lowered his price target to $36 from $64 on shares.
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