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Canaccord Genuity Remains Sidelined on Athenahealth, Inc. (ATHN) Following 2Q15

July 27, 2015 9:10 AM EDT

Canaccord Genuity reiterated a Hold rating and $125.00 price target on athenahealth (NASDAQ: ATHN) following 2Q15 results. Analyst Richard Close expects ATHN's differentiated cloud offerings to gain market share as physicians seek cost effective SaaS platforms.

Close commented, "As previously stated, we expect ATHN's differentiated cloud offerings to gain market share as physicians seek to replace 1st... More