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Jefferies maintains SFBC at buy
SFBC International, Inc. was kept at a buy rating by Jefferies & Co., Inc. analyst David Windley. Jefferies lowered its price target to $19 as the company's Miami's issues burden results more than expected. SFBC had a GAAP loss per share of $0.23. Total revenue of $80.1 million was slightly above the analyst's estimate of $78.9 million. Shares of the Princeton, N.J., drug development services company were up $0.10, or 0.63%, at $15.95 on volume of 905,975 shares versus the three-month running average of 886,500 shares. (Nasdaq: SFCC)
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