Increasing unusual put option volume: CVE COTY Z ALRM AES ATHN TSEM SCG CWH MCHP CTSH

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athenahealth (ATHN) PT Raised to $160 at Baird Following Acquisition Offer by Elliot Management

May 8, 2018 9:16 AM EDT

Baird raised its price target on athenahealth (NASDAQ: ATHN) to $160.00 (from $150.00) while maintaining a Outperform rating following offer by Elliot Management.

Elliot Management proposed to acquire ATHN for $160/share in cash, which equates to an enterprise value of ~$6.9B and 17-18x forward... More

Jefferies Remains Sidelined on Athenahealth (ATHN) Following Unsolicited Offer

May 8, 2018 8:17 AM EDT

Jefferies reiterated a Hold rating and $130.00 price target on Athenahealth (NASDAQ: ATHN) as the company receives an unsolicited offer from Elliott Management to acquire the company for $160/share in cash. Elliott is asking for three weeks to perform some highly-targeted additional due... More