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Fly News Breaks for May 9, 2019
LHCG
May 9, 2019 | 08:09 EDT
Jefferies analyst Brian Tanquilut raised his price target for LHC Group to $130 from $125 and keeps a Buy rating on the shares following the company's Q1 results. In a post-earnings research note titled "Playoff Games Aren't Won or Lost in Q1; Focus on Strong Margins, Guidance Raise," Tanquilut says he does not think investors should view the Q1 revenue shortfall as a sign of fundamental softening, especially given the 10 basis point margin beat versus consensus.
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