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Fly News Breaks for November 7, 2016
PINC
Nov 7, 2016 | 07:06 EDT
As previously reported, BofA/Merrill downgraded Premier two notches to Underperform from Buy and lowered its price target to $30 from $40. Analyst Steven Valiquette said the firm's hospital survey indicates hospital customer capex softness will extend further into 2017 given reimbursement challenges. The analyst said a slowdown in purchasing decisions by core hospital customers is resulting in slower growth and potentially market share lose.
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