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Fly News Breaks for July 17, 2017
ATHN
Jul 17, 2017 | 07:34 EDT
After athenahealth's CFO resigned, SunTrust analyst Sandy Draper believes that the company could fetch more than $150 per share in a leveraged buyout. The analyst thinks that under the new CFO, the company could generate "a greater amount of operating leverage and potentially be more receptive to activist interests." He keeps a $150 price target and a Buy rating on the shares.
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