Allscripts (MDRX) Reports In-Line Q4 EPS

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Allscripts (MDRX) PT Lowered to $17 at Cowen; Bookings Miss Likely Due to Timing

February 16, 2018 6:30 AM EST

Cowen lowered its price target on Allscripts (NASDAQ: MDRX) to $17.00 (from $18.00) while maintaining a Outperform rating.

Analsyt Charles Rhyee commented, "MDRX reported 4Q results ahead of expectations, but bookings were softer than expected, likely due to timing in our view. We think the... More