Premier (PINC) PT, Estimates Lifted at ISI Group on Solid Execution

ISI Group reiterated a Buy rating, raised estimates and raised its price target on Premier, Inc. (NASDAQ: PINC) to $37.00 (from $34.00) following fourth quarter results. The analyst team led by Michael Cherny said were positive on visibility into October member share sale as well as solid execution.

The firm is tweaking up FY15-16 EPS from $1.41 and $1.58 to $1.43 and $1.60, respectively. In addition, they are initiating a FY15 EPS estimate of $1.70.

For an analyst ratings summary and ratings history on Premier, Inc. click here. For more ratings news on Premier, Inc. click here.

Shares of Premier, Inc. closed at $30.36 yesterday.

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