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Fly News Breaks for July 30, 2015
LDOS, CERN
Jul 30, 2015 | 08:51 EDT
Cowen said the DOD contract win for Cerner was "major," but the total value is less than expected. The firm estimates Cerner will receive 30% of the economic award over 10 years, or $1.3B, producing minimal benefit near-term. Cowen reiterated its Outperform rating on Cerner shares.
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