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Fly News Breaks for July 8, 2015
IPCM
Jul 8, 2015 | 06:37 EDT
Piper Jaffray expresses caution on IPC Healthcare heading into the company's Q2 earnings as it believes consensus estimates are too high. After reviewing IPC's acquisitions, Piper thinks the Q2 consensus revenue estimate of $186.4M is $6M-$8M too high. It believes the stock is due for a pullback and keeps a Neutral rating on the name.
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