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Fly News Breaks for March 1, 2016
TMH
Mar 1, 2016 | 06:04 EDT
Jefferies analyst Brian Tanquilut downgraded Team Health to Hold saying the stock is fairly valued following the recent rally. While JANA's activist involvement is likely to have a long-term effect on corporate governance and bring operational improvements, Team Health has "few levers to pull" to drive meaningful share upside over the near-term, Tanquilut tells investors in a research note. He keeps a $49 price target for the shares.
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