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Fly News Breaks for July 28, 2017
OMCL
Jul 28, 2017 | 08:29 EDT
Craig-Hallum analyst Matt Hewitt said he is less concerned with Omnicell's results in recent quarters than the long-term outlook for its recently launched XT Series cabinet, which he believes can drive a significant revenue ramp in Q4. Hewitt raised his price target on Omnicell shares to $52 from $46 and keeps a Buy rating on the shares.
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