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Definitive Healthcare initiated with a Neutral at BofA

BofA analyst Allen Lutz initiated coverage of Definitive Healthcare with a Neutral rating and $13 price target. Channel checks indicate the company is an industry leader in healthcare-focused business intelligence, Lutz tells investors in a research note. However, the analyst sees "cloudy" visibility with his industry survey suggesting some spending is "discretionary/project based."

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Published first on TheFly

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