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Fly News Breaks for January 16, 2020
UNH, DPLO
Jan 16, 2020 | 05:36 EDT
Credit Suisse analyst A.J. Rice downgraded Diplomat Pharmacy (DPLO) to Underperform from Neutral with an unchanged price target of $4. With the stock trading at the UnitedHealth (UNH) offer price, there is no possibility of potential upside, while there could be potential downside in the "admittedly highly unlikely" event of a deal break, Rice tells investors in a research note.
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