Leerink Partners Downgrades R1 RCM to Market Perform, Lowers Price Target to $14.3
Portfolio Pulse from Benzinga Newsdesk
Leerink Partners has downgraded R1 RCM (NASDAQ:RCM) from Outperform to Market Perform and lowered the price target from $17 to $14.3.
August 01, 2024 | 3:34 pm
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NEGATIVE IMPACT
Leerink Partners has downgraded R1 RCM from Outperform to Market Perform and reduced the price target from $17 to $14.3. This downgrade may negatively impact the stock price in the short term.
The downgrade from Outperform to Market Perform and the reduction in the price target from $17 to $14.3 by Leerink Partners is likely to be perceived negatively by investors. This could lead to a short-term decline in R1 RCM's stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100