Goldman Sachs Starts Quality Systems (QSII) at Neutral

Goldman Sachs initiates coverage on Quality Systems (NASDAQ: QSII) with a Neutral rating and $85 price target.

The firm states, "Our channel checks and physician surveys suggest positive feedback regarding Quality Systems ambulatory electronic medical record (EMR) NextGen. While we estimate that Quality Systems will be able to defend its ambulatory market share, our analysis suggests that current consensus estimates leave limited room for upside."

The firm's EPS estimates for FY2012E/2013E/2014E of $2.72/$3.28/$3.90 compare with consensus of $2.78/$3.41/$3.93.

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

Shares of Quality Systems closed at $87.47 yesterday.

---

Serious News for Serious Traders! Try StreetInsider.com Premium Free!

---

You May Also Be Interested In

• BMO Capital Resumes Global Net Lease (GNL), Upgrades to Outperform
• ICICI Securities Starts Cemindia Projects (CEMPRO:IN) at Buy (1)
• Piper Sandler Starts Dave Inc (DAVE) at Overweight