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Fly News Breaks for March 6, 2019
TRHC
Mar 6, 2019 | 08:49 EDT
Benchmark analyst Bill Sutherland raised his price target on Tabula Rasa HealthCare shares to $90 from $85 after the company announced it closed the acquisition of PrescribeWellness, which works with community pharmacies in North America and Puerto Rico to help improve medication adherence, loyalty and health outcomes. The deal "appears to be a winner," and potentially as impactful as SinfoniaRx, given the numerous cross-selling opportunities, said Sutherland, who keeps a Buy rating on Tabula Rasa shares.
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