Athenahealth (ATHN) Receives a Hold from Morgan Stanley


In a report released today, Ricky Goldwasser from Morgan Stanley maintained a Hold rating on Athenahealth (ATHN), with a price target of $135. The company’s shares closed on Friday at $133.10.

According to TipRanks.com, Goldwasser is a 3-star analyst with an average return of 3.0% and a 56.2% success rate. Goldwasser covers the Services sector, focusing on stocks such as AmerisourceBergen Corporation, Walgreens Boots Alliance, and Quest Diagnostics Inc.

Athenahealth has an analyst consensus of Hold, with a price target consensus of $136.08, representing a 2.2% upside. In a report issued on November 27, Wells Fargo also downgraded the stock to Hold with a $135 price target.

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The company has a one-year high of $163.94 and a one-year low of $116.77. Currently, Athenahealth has an average volume of 1M.

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athenahealth, Inc. engages in the provision of cloud-based business services and mobile applications for medical groups and health systems. It offers network-based medical record, revenue cycle, patient engagement, care coordination, population health services, and other point-of-care mobile applications.

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