Goldman Sachs Rates athenahealth (ATHN) a Neutral
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Price: $86.73 +2.16%
Rating Summary:
7 Buy, 12 Hold, 5 Sell
Rating Trend:
Up
Today's Overall Ratings:
Up: 11 | Down: 35 | New: 23
Rating Summary:
7 Buy, 12 Hold, 5 Sell
Rating Trend:
Up
Today's Overall Ratings:
Up: 11 | Down: 35 | New: 23
Trade ATHN Now!
Goldman Sachs transfers coverage on athenahealth (NASDAQ: ATHN) and maintains a Neutral rating and $47 price target.
Goldman has a balanced view of the stock, stating: "We may become more constructive on shares given either progress with its expensive enterprise physician group marketing efforts, or a decision to abandon the effort and deliver significant EBITDA margin expansion. We may become more negative on shares if physician adds continue to miss expectations while simultaneously increasing S&M expense margins."
For more ratings news on athenahealth click here and for the rating history of athenahealth click here.
Shares of athenahealth closed at $45.87 yesterday, with a 52 week range of $21.51-$50.56.
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Goldman has a balanced view of the stock, stating: "We may become more constructive on shares given either progress with its expensive enterprise physician group marketing efforts, or a decision to abandon the effort and deliver significant EBITDA margin expansion. We may become more negative on shares if physician adds continue to miss expectations while simultaneously increasing S&M expense margins."
For more ratings news on athenahealth click here and for the rating history of athenahealth click here.
Shares of athenahealth closed at $45.87 yesterday, with a 52 week range of $21.51-$50.56.
Join StreetInsider.com FREE and get immediately alerted when news breaks on your stocks and other market items - JOIN NOW
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