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Fly News Breaks for September 26, 2019
PINC
Sep 26, 2019 | 08:58 EDT
Baird analyst Eric Coldwell noted Premier shares were lower following the release of a short report which he says rehashes concerns that have been around since its IPO six years ago. He said the short report takes doomsday scenarios to the extreme but he doubts the business model will fall off a cliff. Separately, Coldwell's enthusiasm has lessened recently but he maintains his Outperform rating and $46 price target on Premier shares.