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Fly News Breaks for November 8, 2016
HWAY
Nov 8, 2016 | 06:48 EDT
UBS analyst A.J. Rice double upgraded Healthways to Buy from Sell saying the shares now trade at an attractive valuation following the recent pullback. The company has a "cleaner" business model post the restructuring and could benefit from continued Medicare Advantage growth, Rice tells investors in a research note. He raised his price target for the shares to $24 from $22.50.
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