Deutsche Bank Upgrades Cerner (CERN) to Buy; Represents Unique Combination of NT and LT Growth Potential

Deutsche Bank upgraded Cerner (NASDAQ: CERN) to Buy, raising price target of $71.50.

Deutsche analyst says, "We are upgrading Cerner rating as we view CERN as having a sustainable LT growth opportunity and continued margin expansion / FCF growth. We expect CERN to maintain strong bookings growth as it is well positioned to capitalize on demand from the HITECH Act driving EHR adoption. Longer term, the company's expansion into further service offerings should position CERN for continued growth as it becomes further integrated with its customer base."

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

Shares of Cerner closed at $62.43 yesterday.

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