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Premier price target raised to $22 from $19 at Canaccord

Canaccord raised the firm’s price target on Premier (PINC) to $22 from $19 and keeps a Hold rating on the shares. The firm said they posted a solid quarter amid a turbulent time for health systems. Encouraging, management noted that health system customers appear to be engaging more with the possibility of staring down financial pressure from tariffs and labor shortages among others to find opportunities for performance improvement.

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