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Fly News Breaks for April 25, 2016
CYH
Apr 25, 2016 | 06:29 EDT
Raymond James analyst John Ransom downgraded Community Health to Underperform from Market Perform saying the Quorum spinoff makes little financial sense given the additional costs on Quorum, especially higher interest costs, an increase in leverage for Community Health, and potential short-term technical pressures on Quorum shares due to market cap considerations.
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