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Fly News Breaks for May 3, 2018
CCRN
May 3, 2018 | 09:00 EDT
Lake Street analyst Brooks O'Neil downgraded Cross Country Healthcare to Hold from Buy after its Q4 results and Q1 guidance came in "meaningfully" lower than his forecasts. While overall demand trends seem to be stabilizing and new MSP's are ramping, he is taking a more conservative approach after the report, O'Neil tells investors. He lowered his price target on the shares to $11 from $16.
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