Canaccord downgraded R1 RCM to Hold from Buy with a $14.30 price target after the company announced that it plans to be acquired by TowerBrook Capital Partners and Clayton, Dubilier & Rice for $14.30 per share.
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Read More on RCM:
- R1 RCM to be Acquired by TowerBrook and CD&R for $8.9 Billion
- RCM Technologies call volume above normal and directionally bullish
- R1 RCM Special Committee Provides Update on Evaluation of Strategic Alternatives
- R1 RCM Special Committee sets final bid deadline of July 31
- R1 RCM to Release Second Quarter 2024 Results on August 7, 2024
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