Premier, Inc. (PINC) Tops Q1 EPS by 3c; Boosts Outlook

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Jefferies Reiterates Buy After Premier (PINC) Posts 7.2% Growth in 2Q16

February 9, 2016 8:50 AM EST

Jefferies maintained a Buy rating on Premier, Inc. (NASDAQ: PINC), and cut the price target to $40.00 (from $44.00), following the company's 2Q earnings report. Growth in F2Q16 was 7.2% despite PINC lapping the toughest comp from all of FY15. Management continues to expect a tapering... More