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Tuesday, July 21, 2020

Allscripts cut to Sell at Goldman

Allscripts (NASDAQ:MDRX) has picked up a rare Sell rating in the U.S. Goldman Sachs analyst Robert Jones cut his rating and price target to $5.50 (from $6.50), implying 24% downside risk, citing its “unfavorable” position in the healthcare IT space and doubts about its growth prospects.

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