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Rite Aid price target lowered to $0 from $1 at Evercore ISI

Evercore ISI analyst Elizabeth Anderson lowered the firm’s price target on Rite Aid (RAD) to $0 from $1 and keeps an Underperform rating on the shares ahead of Q3 earnings from the healthcare tech and distribution group. In the group, the firm’s top picks include CVS Health (CVS), its top large cap pick, Iqvia (IQV) and R1 RCM (RCM), the analyst tells investors.

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