TD Cowen Downgrades R1 RCM to Hold, Lowers Price Target to $14.3
Portfolio Pulse from Benzinga Newsdesk
TD Cowen has downgraded R1 RCM from Buy to Hold and lowered its price target from $20 to $14.3.
August 05, 2024 | 5:31 pm
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NEGATIVE IMPACT
TD Cowen analyst Charles Rhyee downgraded R1 RCM from Buy to Hold and reduced the price target from $20 to $14.3.
The downgrade from Buy to Hold and the significant reduction in the price target from $20 to $14.3 by TD Cowen is likely to negatively impact investor sentiment and the stock price of R1 RCM in the short term.
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IMPORTANCE 80
RELEVANCE 100