RBC Capital Starts Change Healthcare Inc. (CHNG) at Outperform

RBC Capital analyst Sean Dodge initiates coverage on Change Healthcare Inc. (NASDAQ: CHNG) with an Outperform rating and a price target of $16.00.

The analyst commented, "CHNG's broad solution set and large client-base position it well to capitalize on the LT winds of change blowing in healthcare. Ongoing portfolio enhancements and re-positionings should help accelerate revenue growth to 4-6% over the coming years. We also see already- impressive margins moving higher driven by the realization of synergies from the MCK deal and the benefits of continued tech investments."

For an analyst ratings summary and ratings history on Change Healthcare Inc. click here. For more ratings news on Change Healthcare Inc. click here.

Shares of Change Healthcare Inc. closed at $13.20 yesterday.

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