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Fly News Breaks for March 19, 2019
HCSG
Mar 19, 2019 | 08:38 EDT
Baird analyst Andrew Wittmann maintained a Neutral rating on Healthcare Services and cut his price target to $33 from $39 after the company filed its delayed 10-K in the final minutes of market trading on Monday. In a research note to investors, Wittmann says the filing resulted in no change to previously reported financials, but says he believes it is likely Q1 earnings could face pressure from elevated legal/accounting/professional fees given the heightened level of the SEC investigation to the legacy matter over the past several weeks.
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