Goldman Sachs Starts Computer Programs and Systems (CPSI) at Buy

July 15, 2011 7:54 AM EDT Send to a Friend
Get Alerts CPSI Hot Sheet
Price: $51.23 -0.68%

Rating Summary:
    8 Buy, 8 Hold, 0 Sell

Rating Trend: Down Down

Today's Overall Ratings:
    Up: 20 | Down: 41 | New: 13
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Goldman Sachs initiates coverage on Computer Programs and Systems (NASDAQ: CPSI) with a Buy rating and $81 price target.

The firm said, "small hospital specialist CPSI represents a compelling investment as the difference in our estimates vs. consensus increases meaningfully over several years and the company trades at a discount to the industry average."

Investors should expect to see returns from EPS growth, multiple expansion, and an attractive dividend policy.

For more ratings news on Computer Programs and Systems click here and for the rating history of Computer Programs and Systems click here.

Shares of Computer Programs and Systems closed at $65.51 yesterday, with a 52 week range of $38.60-$67.49.


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