Performant Financial weakness a buying opportunity, says Wells Fargo

theflyonthewall.com

Wells Fargo attributes today's weakness in shares of Performant Financial (PFMT) to PRGX Global's (PRGX) weak Q1 results and comments on pricing. Wells believes shares of Performant are attractive, even if Recovery Audit Contractor pricing dropped by 25%, and views today's pullback as a buying opportunity.

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