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Fly News Breaks for January 3, 2018
HRC
Jan 3, 2018 | 06:27 EDT
Raymond James analyst Lawrence Keusch upgraded Hill-Rom to Outperform from Market Perform and established a $94 price target. He expects accelerating revenue growth to 4%+ in FY18 up from 3% core growth in FY17, continued margin expansion opportunities, and potential upside from capital deployment. The analyst is confident the company can deliver revenue growth acceleration through new products and expects margin expansion more consistent with management's guidance.
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