J.P. Morgan analyst Anne E. Samuel reiterated the Neutral rating on Premier, Inc. (NASDAQ:PINC) on Tuesday, with a price forecast of $19. The analyst notes that Premier’s stable business is supported by its ownership structure, leading to longer-term contracts typically lasting five to seven years. Meanwhile, the company’s growth is closely tied to hospital utilization trends, which has historically led to an expected long-term growth rate of mid-single-digit to high-single-digit percentage incrRead More
Premier Has Stable Business But Analyst Remains Neutral
