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Fly News Breaks for August 23, 2016
PINC
Aug 23, 2016 | 07:40 EDT
Citi analyst Garen Sarafian noted that Premier reported mixed quarterly results and gave FY17 guidance that "adequately brackets or exceeds" consensus. The analyst still has a favorable view of Premier and it's "unique and fairly defensive" model and raised the firm's price target on shares to $40 from $38 following its earnings report while reiterating a Buy rating on the stock.
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