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Fly News Breaks for February 19, 2016
ACHC
Feb 19, 2016 | 07:33 EDT
Stephens analyst Dana Hambly noted that the U.K.'s Competition and Markets Authority, which he equates to the U.S. FTC, announced an initial enforcement order yesterday related to Acadia Healthcare's purchase of the Priory Group. However, the enforcement order language looks standard and he does not view this as putting the deal at risk, Hambly told investors in a research note. The analyst keeps an Overweight rating and $78 price target on Acadia shares.
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