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Fly News Breaks for November 8, 2019
TRHC
Nov 8, 2019 | 07:16 EDT
Cantor Fitzgerald analyst Steven Halper lowered his price target for Tabula Rasa HealthCare to $85 from $99 saying a contact cancellation marred an otherwise "solid" quarter for the company. Although Tabula has performed well, the contract cancellation will likely be viewed negatively by investors, Halper tells investors in a research note. However, the cancellation does not change the analyst's investment thesis on the shares. He keeps an Overweight rating on Tabula Rasa HealthCare.
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