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Fly News Breaks for August 6, 2018
HMSY
Aug 6, 2018 | 07:02 EDT
Citi analyst Stephanie Demko upgraded HMS Holdings to Buy from Neutral and raised her price target for the shares to $35 from $25. Despite the strong recent stock price performance, there is "still more upside to come," Demko tells investors in a research note. She believes HMS' 2018 guidance is beatable and sees further inorganic growth opportunities. Solid execution paves a "clear path to double digit out year growth," Demko contends.
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