Analyst Ratings for athenahealth (ATHN)

Overall Rating: NEUTRAL Rating Trend: = Avg. $ Target: $77.05 (-14.9%)

Date	Firm	Type	Rating (Past)	PT (Past)	Start $	End $	% Chg.	Details
6/12/2013	Sterne Agee	New Coverage	Neutral (N/A)	84.00 (N/A)	87.92	90.50	2.93%	Details
6/4/2013	Goldman Sachs	New Coverage	Neutral (N/A)	94.00 (N/A)	84.96	90.50	6.52%	Details
5/29/2013	Raymond James	Upgrade	Strong Buy (Outperform)	100.00 (95.00)	83.18	90.50	8.8%	Details
12/7/2012	Leerink Swann	Upgrade	Outperform (Market Perform)	82.50 (62.70)	72.17	90.50	25.4%	Details
11/27/2012	JMP Securities	New Coverage	Market Outperform (N/A)	80.00 (N/A)	63.51	90.50	42.5%	Details
10/19/2012	Jefferies	Downgrade	Underperform (Hold)	60.00 (85.00)	74.50	90.50	21.48%	Details
10/1/2012	Avondale Partners	Downgrade	Market Perform (Market Outperform)	N/A (N/A)	91.77	90.50	-1.38%	Details
8/20/2012	First Analysis	Downgrade	Equal Weight (Overweight)	N/A (N/A)	92.42	90.50	-2.08%	Details
7/19/2012	Citi	Upgrade	Buy (Neutral)	N/A (N/A)	88.38	90.50	2.4%	Details
7/12/2012	ISI Group	New Coverage	Buy (N/A)	94.00 (N/A)	80.60	90.50	12.28%	Details
5/30/2012	Wells Fargo » Updated 10/25/2012	New Coverage	Outperform (N/A)	N/A (N/A)	75.91	90.50	19.22%	Details
5/23/2012	Lazard Capital	New Coverage	Buy (N/A)	87.00 (N/A)	76.36	90.50	18.52%	Details
5/3/2012	Morgan Stanley	Upgrade	Equalweight (N/A)	N/A (N/A)	74.14	90.50	22.07%	Details
3/15/2012	Auriga » Updated 4/30/2012	Downgrade	Sell (N/A)	58.00 (N/A)	75.65	90.50	19.63%	Details
12/16/2011	Oppenheimer » Updated 2/8/2013	Upgrade	Perform (N/A)	N/A (N/A)	49.04	90.50	84.54%	Details

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