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Fly News Breaks for November 11, 2016
LPNT
Nov 11, 2016 | 08:43 EDT
As previously reported, Credit Suisse downgraded LifePoint to Neutral from Outperform and lowered its price target to $60 from $70. Analyst Scott Fidel said LifePoint has significantly benefited from the Affordable Care Act and sees significant uncertainty ahead following Trump's victory and the Republican sweep. The analyst said 8%-10% of LifePoint's EBITDA could be at risk, which could be partially offset by improvements at its recently acquired facilities.
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