athenahealth (ATHN) Telehealth Capability Offers Competitive Advantage, Piper Jaffray Says

Piper Jaffray analyst Sean Wieland reiterated an Overweight rating and $173 price target on athenahealth (NASDAQ: ATHN) amid news the company Chiron Health (MDP Partner) are poised to offer general release of telehealth video capabilities as an integral part of the athenanet workflow.

"In our view, this is a competitive advantage for ATHN because it is the only telehealth capability that easily integrates with the physician's existing workflows," Wieland commented. "We believe this competitive advantage will drive growth and pricing as adoption accelerates."

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 $135.76 yesterday.

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