Jefferies Starts athenahealth (ATHN) at Hold
Get Alerts ATHN Hot Sheet
Price: $9.59 --0%
Rating Summary:
6 Buy, 22 Hold, 2 Sell
Rating Trend: = Flat
Today's Overall Ratings:
Up: 13 | Down: 14 | New: 11
Rating Summary:
6 Buy, 22 Hold, 2 Sell
Rating Trend: = Flat
Today's Overall Ratings:
Up: 13 | Down: 14 | New: 11
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Jefferies initiates coverage on athenahealth (NASDAQ: ATHN) with a Hold. PT $58.00.
The firm notes:
For an analyst ratings summary and ratings history on athenahealth click here. For more ratings news on athenahealth click here.
Shares of athenahealth closed at $58.49 yesterday.
The firm notes:
- Revenue growth remains >30%, driven by new Collector wins and more cross-selling into Clinicals and Communicator
- Gross margin improves as more services are automated and moved off-shore
- R&D remains flat as % of revenue; S&M increases slightly; and G&A declines
For an analyst ratings summary and ratings history on athenahealth click here. For more ratings news on athenahealth click here.
Shares of athenahealth closed at $58.49 yesterday.
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