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Fly News Breaks for October 2, 2018
HCSG
Oct 2, 2018 | 16:13 EDT
Stephens analyst Jacob Johnson started Healthcare Services Group with an Overweight rating and $54 price target. The "blue-collar nature" of the company's business model leads investors to underappreciate it, Johnson tells investors in a research note. He says Healthcare Services' contracts insulate it from wage pressures, leading to stable margins.
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