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Fly News Breaks for October 26, 2015
ADUS
Oct 26, 2015 | 07:42 EDT
Stephens analyst Dana Hambly acknowledged concerns that Addus HomeCare's revenue sluggishness came within two recent acquisitions, but said he still trusts that Addus is capable of integrating businesses. Hambly lowered his price target on Addus to $30 from $32 following its quarterly revenue miss, but said he believes the company will become a provider of choice with significant acquisition potential and keeps an Overweight rating on shares.