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Fly News Breaks for October 28, 2015
VRSK
Oct 28, 2015 | 15:32 EDT
Wells Fargo noted that Verisk Analytics confirmed reports that it is exploring alternatives for its healthcare business, which the firm believes should allow the company to reallocate capital into M&A and share buybacks while eliminating a less predictable and lower-margin revenue stream. Wells said it would be a buyer of the stock on its post-earnings weakness and keeps an Outperform rating on Verisk shares.
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