Jefferies Starts Allscripts-Misys Healthcare (MDRX) at Buy
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Price: $4.90 --0%
Rating Summary:
8 Buy, 19 Hold, 2 Sell
Rating Trend: = Flat
Today's Overall Ratings:
Up: 6 | Down: 10 | New: 16
Rating Summary:
8 Buy, 19 Hold, 2 Sell
Rating Trend: = Flat
Today's Overall Ratings:
Up: 6 | Down: 10 | New: 16
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Jefferies initiates coverage on Allscripts-Misys Healthcare (NASDAQ: MDRX) with a Buy. PT $25.00.
The firm notes:
For an analyst ratings summary and ratings history on Allscripts-Misys Healthcare click here. For more ratings news on Allscripts-Misys Healthcare click here.
Shares of Allscripts-Misys Healthcare closed at $18.12 yesterday.
The firm notes:
- Revenue growth remains above 10%, driven by new wins and cross-selling
- Gross margin improves as upgrade activity slows and resources shift back to new sale
- Sales leverage pushes SG&A down as % of revenue; R&D remains fairly flat
For an analyst ratings summary and ratings history on Allscripts-Misys Healthcare click here. For more ratings news on Allscripts-Misys Healthcare click here.
Shares of Allscripts-Misys Healthcare closed at $18.12 yesterday.
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