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Fly News Breaks for July 29, 2019
CHE
Jul 29, 2019 | 09:35 EDT
RBC Capital analyst Frank Morgan raised his price target on Chemed to $405 after its "strong" Q2 results driven by another quarter of growth at VITAS Healthcare with higher admissions. The analyst keeps his Sector Perform rating but contends that the management may issue a "strong" guidance raise next month if CMS finalizes its 2020 rate update and rebasing as proposed.