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Fly News Breaks for September 16, 2019
LHCG
Sep 16, 2019 | 16:50 EDT
Deutsche Bank analyst Justin Bowers started LHC Group with a Buy rating and $145 price target as part of his broader research note into the Post-Acute sector in the Healthcare Facilities industry, saying the fundamentals of the public home health pure-plays are attractive despite payment reform beginning in 2020. The analyst also cites the company's "differentiated JV model" helping it sustain an above-average organic top line growth as well as its "seasoned" management team with a track record in navigating payment and regulatory reform.
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