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Premier (PINC) to Acquire Innovatix and Essensa Ventures in $325M Deal; FY17 Outlook Updated

Go back to Premier (PINC) to Acquire Innovatix and Essensa Ventures in $325M Deal; FY17 Outlook Updated

UBS Raises Price Target on Premier (PINC) Following Announced Essensa Ventures Acquisition

November 29, 2016 9:24 AM EST

UBS reiterated a Neutral rating on Premier, Inc. (NASDAQ: PINC), and raised the price target to $33.00 (from $32.50), following the company's announced acquisition of Essensa Ventures for $325MM. The deal is consistent with Premier's goal to expand its GPO presence across the continuum of care,... More