Cerner Reports Third Quarter 2015 Results
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Cerner's (CERN) Reports In-Line EPS Due to Better Than Expected GM and Tax; Cowen Cuts Price Target to $70
November 4, 2015 8:27 AM ESTCowen maintained an Outperform rating on Cerner (NASDAQ: CERN), and cut the price target to $70.00 (from $76.00), following the company's 3Q earnings report. CERN reported 3Q15 revenues of $1.13B which was below consensus of $1.17B and guidance of $1.15B-$1.20B. However, adjusted EPS of $0.54 was... More
