price up icon0.96%   0.12

Why is R 1 Rcm Inc (RCM) Stock down?

We've noticed a 13.22% decline in R 1 Rcm Inc (RCM) stock during the 2024-07-02 trading session. While this could be attributed to normal volatility or various internal and external factors, please be aware that we are actively monitoring the situation, and we'll provide timely updates as soon as possible!
07 Dec, 2023:

Shares of R1 RCM Inc. (RCM) dropped by 7.06% from $11.19 to $10.40 in the trading on Thursday, December 7, 2023. The reason why RCM is down today is due to Deutsche Bank's recent actions. The financial institution lowered RCM's stock price target from an initial value of $19 to a revised estimate of $16. It is important to note that despite this downgrade in price target, Deutsche Bank has maintained its Buy rating for R1 RCM Inc.

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