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Fly News Breaks for July 31, 2015
OMCL
Jul 31, 2015 | 08:13 EDT
After Omnicell reported weaker than expected results, Oppenheimer says the company missed due to delays in the implementation of its large deals and delays in the conversion of contracts it won that had been held by competing companies. Oppenheimer believes that Omnicell's competitive position continues to strengthen amid weakening competition. It trimmed its price target on the name to $42 from $44 but keeps an Outperform rating.
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