HMS Holdings Corp. (HMSY) Tops Q3 EPS by 7c

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Jefferies Cuts Price Target on HMS Holdings Corp. (HMSY) to $19 Following 3Q Report

November 10, 2016 10:30 AM EST

Jefferies maintained a Hold rating on HMS Holdings Corp. (NASDAQ: HMSY), and cut the price target to $19.00 (from $23.00), following the company's 3Q earnings report. 3Q revenue increased $4M sequentially but missed estimates by $2.2M. Growth was ~14% YoY, compared to estimates of ~12.5% organically.... More