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Fly News Breaks for October 19, 2016
ACHC
Oct 19, 2016 | 07:47 EDT
UBS analyst A.J. Rice lowered his price target on Acadia to $55 from $79 following its below consensus Q3 results. The analyst noted the company saw a surprise slowdown in U.S. growth and said it is still assessing the reason for the slowdown. Rice adjusted his estimates to reflect the revenue growth and margin trends. Rice maintained his Buy rating on Acadia shares.