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Fly News Breaks for November 4, 2016
HSTM
Nov 4, 2016 | 07:40 EDT
As reported previously, Canaccord analyst Richard Close downgraded HealthStream to Hold from Buy. The analyst cited the performance in its Patient Experience and Provider Solutions segments, which will dampen margin expansion. With no near-term catalysts, operational headwinds and expectations for estimates to come down, Close lowered his price target to $24 from $32 on HealthStream shares.
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