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Fly News Breaks for April 3, 2018
CERN
Apr 3, 2018 | 07:44 EDT
RBC Capital analyst George Hill lowered his price target on Cerner to $67, saying the recent turnover at the helm of Veterans Affairs has decreased the likelihood of an anticipated $10B EMR contract signing over the near term while raising the possibility of legal challenges should the contract get done. Hill keeps his Outperform rating on Cerner but believes the price target revision was warranted as the VA revenue opportunity is "no longer likely for 2018".
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