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Fly News Breaks for June 24, 2015
MRGE
Jun 24, 2015 | 06:40 EDT
Topeka upgraded Merge Healthcare to Buy with a $5.75 price target based on valuation and checks at the recent DIA conference. The firm is encouraged by recent, large mulit-year contracts in the Healthcare division that will result in revenues for the remainder of 2015 and beyond, and checks that indicate continued strength in the DNA business driven by greater investment and doubling of the sales force.
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