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Fly News Breaks for December 20, 2017
QHC
Dec 20, 2017 | 08:27 EDT
As previously reported, Morgan Stanley analyst Zack Sopcak upgraded Quorum Health to Equal Weight from Underweight as he incorporated potential tax reform benefits to his models for the hospitals group, though he added that he sees tax benefits as unlikelyto overcome operational challenges for the sector. However, given Quorum's increased visibility and lower exposure to payers due to its more rural footprint, he raised his rating and increased his price target on the stock to $6 from $3.50.
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