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Fly News Breaks for May 7, 2018
LPNT
May 7, 2018 | 09:27 EDT
SunTrust analyst David MacDonald raised his price target on LifePoint to $58 after its "solid" Q1 results along with "in-line EBITDA, OK volumes, and solid cash flow". The analyst notes that the company's "class of 2016" hospitals are seeing expansion and abating labor costs, even though the company's maintained EBITDA forecasts for FY18 are keeping him on the sidelines. MacDonald maintains his Hold rating on LifePoint.
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