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Fly News Breaks for April 12, 2017
HCSG
Apr 12, 2017 | 08:12 EDT
Baird analyst Andrew Wittmann noted Healthcare Services has had major contract wins, which instilled confidence going forward. He noted Q1 results fell light but the new wins should drive near double-digit full year growth. With ample growth opportunities, confidence in its outlook, and modest operating leverage, he calls it a preferred portfolio idea for long-term investors. Wittmann reiterated his Outperform rating and raised his price target to $47 from $46 on Healthcare Services shares.