NextGen Healthcare (NXGN) Gets a Hold Rating from Wells Fargo


Wells Fargo analyst Jamie Stockton maintained a Hold rating on NextGen Healthcare (NXGN) today. The company’s shares closed last Friday at $14.17.

Stockton has an average return of 36.0% when recommending NextGen Healthcare.

According to TipRanks.com, Stockton is ranked #4605 out of 6832 analysts.

NextGen Healthcare has an analyst consensus of Hold, with a price target consensus of $13.50, representing a -13.5% downside. In a report released today, Jefferies also maintained a Hold rating on the stock with a $14.00 price target.

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NextGen Healthcare’s market cap is currently $836.6M and has a P/E ratio of 109.70. The company has a Price to Book ratio of 20.91.

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NextGen Healthcare, Inc. engages in the development and marketing of electronic health records, practice management, revenue cycle management, and interoperability solutions. It offers the core; automation and workflow; analytics, population health, and patient engagement, interoperability; managed services; professional services; and client service and support. The company was founded by Sheldon Razin in 1974 and is headquartered in Irvine, CA.

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