Will This Coverage Initiation Help Premier (PINC) Stock Today?

NEW YORK (TheStreet) -- Jefferies initiated coverage on Premier, Inc.  (PINC) with a "buy" rating and a $36 price target.

The firm said the company is well-positioned to capitalize on the ongoing shift to population health management with a large client base and access to large data. The firm believes demand should grow as healthcare reform progresses.

The stock closed at $28.54 on Tuesday.

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