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Fly News Breaks for August 7, 2019
CPSI
Aug 7, 2019 | 09:15 EDT
As previously reported, Dougherty analyst Eugene Mannheimer downgraded Computer Programs to Neutral from Buy following Q2 results that missed on revenue. The analyst notes that while the company has done a good job of identifying cost synergies and paying down debt, the inability of TruBridge to grow double-digits, combined with continued stagnation of system sales is the primary driver of his downgrade.
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