Dougherty & Co Adjusts Numbers on HMS Holdings (HMSY); Major Overhang Gone; Great Growth Story in Healthcare

June 28, 2012 3:20 PM EDT Send to a Friend
Get Alerts HMSY Hot Sheet
Price: $22.86 -0.22%

Rating Summary:
    5 Buy, 2 Hold, 0 Sell

Rating Trend: Up Up

Today's Overall Ratings:
    Up: 3 | Down: 4 | New: 7
Trade HMSY Now!
Join SI Premium – FREE
Dougherty & Co affirms a 'Buy' on HMS Holdings (NASDAQ: HMSY) price target of $37.00 (from $32.00).

Analyst, Deepak Chaulagai, said, "The U.S. Supreme Court (SCOTUS) today, in its ruling, upheld the Affordable Care Act (ACA) and removed a major overhang for HMSY. Furthermore, this ruling essentially kept intact all of the ACA-related growth
opportunities for the company that include but not limited to Medicaid expansion beginning in 2014..."

Chaulagai maintains FY13 EPS/rev at $1.14/$587.4M, but lowers FY14 from $1.56/$744.1M to $1.49/$706M.

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

Shares of HMS Holdings closed at $27.79 yesterday.




You May Also Be Interested In


Related Categories

Analyst Comments, Analyst EPS Change, Analyst EPS View, Analyst PT Change

Add Your Comment