BofA raised the firm’s price target on Premier (PINC) to $19 from $18 and keeps an Underperform rating on the shares. The company kicked of fiscal year 2025 with “solid results” as revenue, EBITDA, and EPS exceeded Street estimates, but the firm remains cautious on the deleverage risk from net admin fee pressure with competitive dynamics still evolving, the analyst tells investors in a post-earnings note.
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Read More on PINC:
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- Premier price target lowered to $19 from $20 at Canaccord
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