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Fly News Breaks for October 12, 2018
MDRX
Oct 12, 2018 | 08:39 EDT
Evercore ISI analyst Ross Muken downgraded Allscripts to In Line with a price target of $14.50. The analyst cites valuation for the downgrade following the stock's recent valuation recovery. The analyst sees a "mixed fundamental backdrop for the legacy HIT complex overall" and wants to wait for more evidence of what Allscripts will be post its likely de-leveraging.
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