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Fly News Breaks for September 18, 2015
RAD
Sep 18, 2015 | 06:48 EDT
JPMorgan analyst Lisa Gill views yesterday's post-earnings selloff in shares of Rite Aid as an overreaction. While reimbursement pressure continues to hurt pharmacy margins, the company did maintain the midpoint of its EBITDA guidance range, Gill tells investors in a research note. She keeps an Overweight rating on Rite Aid with a $10 price target.
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