Fly News Breaks for July 21, 2015
HMSY
Jul 21, 2015 | 08:07 EDT
Baird lowered its price target on HMS Holdings to $18 from $27, saying its confidence is significantly lowered following the loss of a New Jersey contract. The firm believes, however, the selloff is likely overdone and now sees upside as compelling and downside limited, with any positive contract outcomes expected to rally the stock. Baird reiterated its Outperform rating on HMS Holdings shares.
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