Leerink Partners Maintains Bullish View on Cerner (CERN) Despite Revenue Weakness and Disappointing Guidance
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Go back to Leerink Partners Maintains Bullish View on Cerner (CERN) Despite Revenue Weakness and Disappointing Guidance
November 4, 2015 9:33 AM EST
UBS analyst Steven Valiquette reiterated a Buy rating but lowered his price target on Cerner (NASDAQ: CERN) to $75.00 (from $80.00) following Q3 results which also included a mixed outlook.
commented, "While the local Royals just won the World Series, Kansas City... More
November 4, 2015 8:36 AM EST
Piper Jaffray analyst Sean Wieland cut estimates and his price target on Cerner (NASDAQ: CERN) to $82.00 (from $87.00) but maintained an Overweight rating. While revenue was weak, high quality bookings keeps them positive.
Wieland commented, "The dog ate their homework again on revenue, but... More
November 4, 2015 8:27 AM EST
Cowen 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
November 3, 2015 4:05 PM EST
Cerner (NASDAQ: CERN) reported Q3 EPS of $0.54, in-line with the analyst estimate of $0.54. Revenue for the quarter came in at $1.15 billion versus the consensus estimate of $1.17 billion.
Cerner sees Q4 2015 EPS of $0.56-$0.58, versus the consensus of $0.61. Cerner sees Q4 2015 revenue of $1.15-1.20 billion, versus the... More
