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Fly News Breaks for December 30, 2015
PMC
Dec 30, 2015 | 07:18 EDT
Cowen noted PharMerica management achieved its goal of adding $100M in annualized revenues via acquisitions and believes the company will look to acquire another $100M in annualized revenues, which they believe is achievable given the company's acquisition pipeline. Cowen updated its estimates, reiterated its Outperform rating, and raised its price target to $41 from $39 on PharMerica shares.
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