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Fly News Breaks for April 16, 2019
HMSY
Apr 16, 2019 | 16:52 EDT
Cantor Fitzgerald analyst Steven Halper upgraded HMS Holdings to Overweight from Neutral and raised his price target for the shares to $36 from $34. The analyst sees a more attractive risk/reward tradeoff following today's selloff. HMS has been posting "solid" sales growth and margin expansion, and that should continue, Halper tells investors in a research note. He sees the company's Total Population Management solution driving future revenue growth.
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