UPDATE - UBS Initiates Coverage on Quality Systems (QSII) with a Neutral; Expecting Less Robust Growth
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Price: $19.16 +1.81%
Rating Summary:
6 Buy, 17 Hold, 3 Sell
Rating Trend:
Down
Today's Overall Ratings:
Up: 19 | Down: 23 | New: 29
Rating Summary:
6 Buy, 17 Hold, 3 Sell
Rating Trend:
Down
Today's Overall Ratings:
Up: 19 | Down: 23 | New: 29
Trade QSII Now!
UPDATE - UBS initiates coverage on Quality Systems (Nasdaq: QSII) with a Neutral rating.
UBS analyst says, "Consistent with our industry view, believe EHR adoption by smaller physician groups will lag due to uncertain ROI, general economic weakness and physician resistance. That said, we consider the NextGen EHR to be a market leader in the physician segment due in part to its ability to offer 26 different EHR modules which can accommodate a wide range of physician specialties."
"In-line with its long term EPS growth rate, we assign a 21x multiple on our calendar 2012 EPS estimate to arrive at our $63 price target. Our price target is near current trading levels and therefore equates to a Neutral rating."
To see all the upgrades/downgrades on shares of QSII, visit our Analyst Ratings page.
Shares are currently trading at $63.02, down $0.24 (-0.38%) today.
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UBS analyst says, "Consistent with our industry view, believe EHR adoption by smaller physician groups will lag due to uncertain ROI, general economic weakness and physician resistance. That said, we consider the NextGen EHR to be a market leader in the physician segment due in part to its ability to offer 26 different EHR modules which can accommodate a wide range of physician specialties."
"In-line with its long term EPS growth rate, we assign a 21x multiple on our calendar 2012 EPS estimate to arrive at our $63 price target. Our price target is near current trading levels and therefore equates to a Neutral rating."
To see all the upgrades/downgrades on shares of QSII, visit our Analyst Ratings page.
Shares are currently trading at $63.02, down $0.24 (-0.38%) today.
Join StreetInsider.com FREE and get immediately alerted when news breaks on your stocks and other market items - JOIN NOW
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