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Fly News Breaks for August 23, 2016
PINC
Aug 23, 2016 | 07:34 EDT
Wells Fargo says that Premier's results were "relatively in-line." Although headline EPS missed expectations, it actually was in-line, excluding the company's $4M-$5M severance payment, according to the firm. Wells notes that the company expects to generate approximately 10% organic growth going forward, and it continues to view the stock as a good play on trends currently affecting hospitals. Wells keeps an Outperform rating on the shares.
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