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Fly News Breaks for December 14, 2015
TMH
Dec 14, 2015 | 07:28 EDT
Baird downgraded Team Health to Neutral from Outperform following the closing of its acquisition of IPC Healthcare. The firm cited its less than compelling valuation, its dilutive potential, downside risks to estimates, and expectations for 2016 being a transitional year. Baird lowered its price target to $49 from $70 on Team Health shares.
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