Wells Fargo Maintains an 'Outperform' on athenahealth (ATHN); Triple-Barrel Deal Significantly Improves Visibility

Article Stock Quotes (2) Comments (0)

Wells Fargo maintains an 'Outperform' on athenahealth (NASDAQ: ATHN).

Analyst, Jamie Stockton, said, "athenahealth announced a triple-barrel deal with HMA this morning for about 900 physicians and 300 NPs/PAs. We expect most of the implementations to hit the ''doc add'' numbers in the first half of 2013, improving visibility significantly for the 2013 enterprise contribution. Quality Systems (Nasdaq: QSII) is losing HMA."

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

Shares of athenahealth closed at $79.16 yesterday, with a 52 week range of $40.79-$87.16.

---

Join StreetInsider.com FREE and get immediately alerted when news breaks on your stocks and other market items - JOIN NOW

---

*NEW - Download StreetInsider's FREE iPhone and iPad App - Click Here

---

---

You May Also Be Interested In

• UPDATE: UBS Downgrades Carnival (CCL) to Neutral; Worst May Not Be Behind
• UPDATE: Cantor Fitzgerald Upgrades Cubist Pharmaceuticals (CBST) to Hold
• Topeka Capital Sees Attractive Entry in Ducommun (DCO); Starts at Buy

Create E-mail Alert Related Categories

Analyst Comments

Related Entities

Wells Fargo

Add Your Comment

Name

Subject

Body

Share on Facebook

Verification
can't see the text?
click here to refresh the image.
what's this?