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Fly News Breaks for October 22, 2015
CYH
Oct 22, 2015 | 08:25 EDT
As reported previously, Susquehanna downgraded Community Health to Neutral from Positive following the company's earnings warning. The firm based its downgrade on expectations of the stock not moving higher until proof emerges its results were company specific and easily resolvable, which they don't think occurs until Q4 and into 2016. Susquehanna lowered its price target to $30 from $35 on Community Health shares.