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Fly News Breaks for August 1, 2019
CHE
Aug 1, 2019 | 07:26 EDT
Oppenheimer analyst Michael Wiederhorn raised his price target for Chemed to $430 from $400 after CMS issued the 2020 Medicare final rule for hospice care, which finalizes a 2.6% rate increase along with the impactful re-basing that was proposed in April, that could boost Chemed/Vitas' EPS by $1.60-plus annualized starting October 1, 2019. The analyst reiterates an Outperform rating on the shares.
News For CHE From the Last 2 Days
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