Cerner Reports First Quarter 2017 Results

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Go back to Cerner Reports First Quarter 2017 Results

Cerner (CERN) PT Raised to $66 at Canaccord Genuity Following 1Q

April 28, 2017 11:06 AM EDT

Canaccord Genuity raised its price target on Cerner (NASDAQ: CERN) to $66.00 (from $59.00) while maintaining a Buy rating. CERN delivered 6.8% growth in 1Q'17 without a significant ITWorks contract, beating the consensus forecasts. Adjusted EPS beat consensus estimates by $0.01.

The company highlighted that revenue... More

Cerner (CERN) PT Raised to $68 at Cantor Fitzgerald Fololwing 1Q

April 28, 2017 11:01 AM EDT

Cantor Fitzgerald raised its price target on Cerner (NASDAQ: CERN) to $68.00 (from $66.00) while maintaining a Overweight rating. 1Q revenue of $1.26 billion (+11% y/y) was above FactSet consensus of $1.22 billion. Revenue growth was primarily driven by strength in system sales and services. Adjusted EPS of $0.59 was... More