Keybanc Maintains Overweight on R1 RCM, Lowers Price Target to $13
Portfolio Pulse from Benzinga Newsdesk
Keybanc analyst Scott Schoenhaus has maintained an Overweight rating on R1 RCM (NASDAQ:RCM) but has reduced the price target from $18 to $13.

January 05, 2024 | 10:20 am
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Keybanc analyst Scott Schoenhaus maintains an Overweight rating on R1 RCM but lowers the price target from $18 to $13.
The reduction in price target by Keybanc could lead to a negative short-term impact on R1 RCM's stock price as it suggests a lower expected future valuation. However, the maintenance of an Overweight rating indicates the analyst's continued positive outlook on the company's fundamentals, which may mitigate some negative sentiment.
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IMPORTANCE 75
RELEVANCE 100