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Fly News Breaks for July 22, 2016
ATHN
Jul 22, 2016 | 08:21 EDT
Deutsche Bank analyst George Hill downgraded athenahealth to Hold saying the company's Q2 results were "concerning." It is difficult to conceive of athenahealth approaching its 30% revenue growth target in the visible future, Hill tells investors in a post-earnings research note. He argues that many of the company's key underlying operating metrics are trending in the wrong direction. Hill cut his price target for the shares to $147 from $165.
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