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Fly News Breaks for March 1, 2018
CCRN
Mar 1, 2018 | 08:23 EDT
As previously reported, Benchmark analyst Bill Sutherland downgraded Cross Country Healthcare to Hold from Buy following its "surprisingly large" revenue shortfall in Q4 and guidance that was well below his expectation. Sutherland said the Q4 miss appears to be largely about execution, though admits he is also puzzled about the apparent lack of demand, even in the current quarter.
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