Fly News Breaks for June 6, 2016
LPNT
Jun 6, 2016 | 07:02 EDT
Citi analyst Ralph Giacobbe raised his price target for LifePoint Health to $82 after hosting investor meetings with management. The company offers a "sizable and underappreciated upside opportunity at attractive valuation," Giacobbe tells investors in a research note. The analyst expects a near-term stabilization in margins to give "credence to the story" and that "patience will pay off." He keeps a Buy rating on LifePoint .
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