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Fly News Breaks for August 4, 2016
CYH
Aug 4, 2016 | 08:03 EDT
Oppenheimer analyst Michael Wiederhorn lowered his price target for Community Health to $21 from $26. While the analyst acknowledges that the company's earnings results "struggled" this quarter, he remains encouraged by its cash flow and the increased pace of divestitures. Wiederhorn continues to be optimistic around a long-term recovery and reiterates an Outperform rating on the shares.
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