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Fly News Breaks for November 2, 2016
WBMD
Nov 2, 2016 | 08:58 EDT
Leerink analyst David Larsen lowered his price target for WebMD to $58 from $70 on a lower multiple assumption given the slower growth profile. However, the analyst remains positive on WebMD and believes management's outlook will prove conservative. He reiterates an Outperform rating on the shares.
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