Fee Share Pressure To Impact Premier's Growth, Analyst Cautions

Fee Share Pressure To Impact Premier’s Growth, Analyst Cautions

August 23, 2023

in Stocks

Reading Time: 2 mins read

Benchmark analyst Bill Sutherland reiterated a Buy rating on Premier, Inc (NASDAQ:PINC), lowering the price target to $32 from $37.

The company recently reported Q4 results, where GAAP net revenue of $340.4 million was flat, impacted by a decline in direct sourcing product revenue.

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Fee Share Pressure To Impact Premier’s Growth, Analyst Cautions

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Fee Share Pressure To Impact Premier’s Growth, Analyst Cautions

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