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Fly News Breaks for December 6, 2016
AMSG, EVHC
Dec 6, 2016 | 07:49 EDT
Jefferies analyst Brian Tanquilut lowered his price target for Envision Healthcare to $90 to reflect multiple contraction in the Healthcare Provider space as well as overhangs related to a potential repeal of the Affordable Care Act. The analyst, however, believes that synergies from the AmSurg (AMSG) deal and potential divestitures can drive shareholder value. Tanquilut does not see much integration risk and keeps a Buy rating on Envision.
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