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Fly News Breaks for April 25, 2017
HCA
Apr 25, 2017 | 07:21 EDT
UBS analyst A.J. Rice said HCA Holdings' deal for Georgia-based Memorial Health for $710M is neutral to earnings near-term. The analyst said the deal should add 8c-10c to earnings over the next 2-3 years. He believes HCA will remain opportunistic with tuck-in acquisitions. Rice reiterated his Buy rating and $93 price target on HCA Holdings shares.