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Fly News Breaks for August 15, 2017
MDRX
Aug 15, 2017 | 09:42 EDT
Cantor analyst Steven Halper upgraded Allscripts (MDRX) to Overweight and raised its price target to $17 from $15 following the acquisition of McKesson's (MCK) EIS business and recent weakness in shares. Halper believes the acquisition price of $185M is attractive and the business can probably fill some important product gaps for Allscripts.
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