MedAssets (MDAS) Tops Q2 EPS by 4c; Guides FY15 EPS Above Consensus

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KeyBanc Downgrades MedAssets (MDAS) to Sector Weight

July 31, 2015 7:29 AM EDT

KeyBanc downgraded MedAssets (NASDAQ: MDAS) from Overweight to Sector Weight.

Analyst Donald Hooker said, "We are downgrading MedAssets, Inc. (MDAS) to Sector Weight on the recent share price increase (last 6 months: up 26% vs. S&P up 5%). We think the shares are getting a healthy... More

Leerink Raises Price Target on MedAssets (MDAS) Following 2Q EPS Beat

July 30, 2015 10:32 AM EDT

Leerink Partners reiterated a Market Perform rating on MedAssets (NASDAQ: MDAS), and raised the price target to $22.00 (from $21.00), following 2Q15 results. MDAS reported 2Q total revenue of $190.4M, ahead consensus of $187.3M. Adjusted EPS of $0.31 was also ahead of consensus of $0.27.

Analyst David Larsen commented, "This afternoon... More