UBS Raises PT on Quality Systems (QSII) After Bullish Tone From HC Services Conference

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QSII Hot Sheet

Rating Summary:
6 Buy, 14 Hold, 1 Sell

Rating Trend: = Flat

Today's Overall Ratings:
Up: 19 | Down: 7 | New: 26

UBS maintains a 'Neutral' on Quality Systems (NASDAQ: QSII) price target raised from $39 to $42.

UBS analyst says, "We hosted Quality Systems at the 2012 UBS Global Healthcare Services Conferencey. CEO / President Steven Plochocki discussed QSII’s market opportunity, which he believes has yet to peak, an improving pipeline and positive re-seller trends. Overall, mgmt sounded bullish on the near term opportunity...We believe QSII will continue to be opportunistic in making tuck-in acquisitions, as management cited hospital RCM capabilities and advanced doctor analytics /mobile capabilities as possible target areas."

For an analyst ratings summary and ratings history on Quality Systems click here. For more ratings news on Quality Systems click here.

Shares of Quality Systems closed at $42.57 yesterday, with a 52 week range of $33.08-$101.40.

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