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Goldman Sachs Raises Price Target on Cerner (CERN), Keeps Top Rating

July 29, 2011 10:16 AM EDT
Get Alerts CERN Hot Sheet
Price: $94.92 --0%

Rating Summary:
    8 Buy, 17 Hold, 1 Sell

Rating Trend: = Flat

Today's Overall Ratings:
    Up: 12 | Down: 15 | New: 40
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Goldman Sachs raised their price target on Conviction Buy-list rated Cerner (NASDAQ: CERN) from $78 to $80, saying Q2 results highlight strong fundamentals.

The firm commented, "Cerner reported very strong 2Q results which bolstered our thesis that Cerner is optimally positioned in a robust accelerating market and will likely be the number-two share gainer through 2015."

For more ratings news on Cerner click here and for the rating history of Cerner click here.

Shares of Cerner closed at $62.02 yesterday.


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