Canaccord lowered the firm’s price target on Premier to $20 from $21 and keeps a Hold rating on the shares. The firm said there is definitely a value proposition to call out on Premier. Despite this, there remains lots of noise with the pending divestitures providing negative growth optics, the accounting for the OMNIA (non- healthcare GPO) providing challenges to truly see the go-forward core business trends, and headwinds from rising fee share impacting the financials.
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- Premier Announces Major Management Changes in Press Release
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- Premier sees FY25 adjusted EPS $1.16-$1.28 , consensus $2.22
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