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Fly News Breaks for March 27, 2017
WAGE
Mar 27, 2017 | 06:23 EDT
Wells Fargo analyst Jamie Stockton downgraded WageWorks to Market Perform saying the failure of repeal/replace of the Affordable Care Act should take away some of the stock's premium valuation. Health savings accounts should still see strong growth, just not as strong as under Trumpcare, Stockton tells investors in a research note. He lowered his price target range for WageWorks shares to $70-$80 from $74-$82.
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