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Piper Jaffray Downgrades Allscripts (MDRX) to Underweight

November 9, 2012 6:54 AM
Piper Jaffray downgraded Allscripts (NASDAQ: MDRX) from Neutral to Underweight with a price target of $7.00 (from $12.00) following Q3 results and announcement that it will explore alternatives.

For an analyst ratings summary and ratings history on Allscripts click here. For more ratings news on Allscripts click here.

Shares of Allscripts closed at $12.26 yesterday, with a 52 week range of $8.84-$21.66.

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