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Fly News Breaks for September 22, 2015
RAD, WMT, WBA, CVS
Sep 22, 2015 | 10:45 EDT
Cleveland Research analysts Rob Eich and Rob Stuyck said the firm's work indicates that stepdown reimbursement rates will be more manageable for drug store operators and that generic inflation will be less of a headwind for the group in FY16. However, Direct and Indirect Remuneration clauses will still be a source of margin pressure, the firm said, noting that several payers will be introducing a DIR next year. Cleveland Research has Neutral ratings on CVS (CVS), Walgreens (WBA), Rite Aid (RAD) and Wal-Mart (WMT).
News For CVS;WBA;WMT;RAD From the Last 2 Days
CVS
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