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Fly News Breaks for November 30, 2015
EVHC
Nov 30, 2015 | 08:09 EDT
Jefferies analyst Brian Tanquilut believes shares of Envision Healthcare have sold off "more than necessary" following the earnings miss. Consensus expectations for 2016 are now very reasonable and management is likely to pursue a more aggressive M&A strategy in the next 12 months, Tanquilut tells investors in a research note. He lowered his price target for shares to $38 from $47 and keeps a Buy rating on the name.
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