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Fly News Breaks for September 7, 2016
ADPT
Sep 7, 2016 | 15:33 EDT
Goldman analyst Matthew Borsch acknowledges increased uncertainty for Adeptus Health following the announcement of the pending retirement of CEO Tom Hall, but does not see any read-through for the 2016+ outlook. Borsch thinks the risk is more than priced-in given "at least" mid/high teens EBITDA growth and reiterates his Buy rating and $80 price target on Adeptus shares.
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