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Fly News Breaks for August 22, 2019
HMSY
Aug 22, 2019 | 07:36 EDT
As previously reported, Guggenheim analyst Vikram Kesavabhotla downgraded HMS Holdings to Neutral from Buy following the stock's "impressive run" of 40% since mid-April, as he believes healthy top-line growth and operating leverage are now priced into FY20 expectations and sees the potential for concerns about the regulatory environment and competitive landscape to resurface. He maintains a $43 price target on HMS shares.
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