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Stock Market & Financial Investment News

News Breaks
August 14, 2014
07:39 EDTMDASMedAssets pullback a buying opportunity, says Jefferies
Jefferies believes MedAssets' core business is back on track following yesterday's analyst day and it recommends buying the stock on the recent pullback. The firm has a Buy rating on the name with a $30 price target.
News For MDAS From The Last 14 Days
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July 31, 2015
10:02 EDTMDASOn The Fly: Analyst Downgrade Summary
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06:18 EDTMDASMedAssets downgraded to Sector Weight from Overweight at KeyBanc
Keybanc downgraded MedAssets to Sector Weight based on healthy valuation and concerns that EBITDA growth may be limited due to negative mix shift in 2016.
July 29, 2015
16:29 EDTMDASMedAssets sees FY15 EPS $1.20-$1.26, consensus $1.19
Sees FY15 revenue $756M-$768M, consensus $759.58M. The company raised the midpoints of its full-year 2015 consolidated financial guidance, realigned the segment revenue mix based on year-to-date results, and narrowed the guidance ranges.
16:27 EDTMDASMedAssets reports Q2 EPS 31c, consensus 27c
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July 21, 2015
10:01 EDTMDASOn The Fly: Analyst Downgrade Summary
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06:04 EDTMDASMedAssets downgraded to Market Perform from Outperform at Cowen
Cowen downgraded MedAssets to Market Perform and lowered its price target to $22 from $25. The firm believes shares reflect optimism around a transformative corporate event such as a split between the SCM and RCM segments, that is less likely to happen.

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