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Healthcare Services upgraded to Outperform from Neutral at Macquarie

Macquarie upgraded Healthcare Services (HCSG) to Outperform from Neutral with a price target of $16, up from $15. The firm sees upside from stable industry fundamentals, growth momentum, and enhanced capital return. Macquarie also believes the accelerating growth trend is sustainable as the company executed well on sales and retentions despite noise around Genesis.

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