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Fly News Breaks for September 15, 2015
CERN
Sep 15, 2015 | 08:06 EDT
Leerink analyst David Larsen recommends using the recent pullback in shares of Cerner as a buying opportunity. After speaking with hospital executives, Larsen believes the company's replacement market opportunity "remains robust." The stock, at 25 times 2016 estimates, is trading near a five year valuation low, the analyst tells investors in a research note. He keeps an Outperform rating on Cerner with an $80 price target.
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