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Fly News Breaks for December 10, 2019
SGRY
Dec 10, 2019 | 06:55 EDT
Citi analyst Ralph Giacobbe raised his price target for Surgery Partners to $20 from $13 and keeps a Buy rating on the shares after hosting investor meetings with management. The combination of hitting Q4 consensus estimates and a long-term "favorable structural story," together with a high short interest, sets the company up for potential multiple expansion, Giacobbe tells investors in a research note.
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