UPDATE: Athenahealth (ATHN) Tops Q3 EPS by 8c, Updates FY Guidance

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Go back to UPDATE: Athenahealth (ATHN) Tops Q3 EPS by 8c, Updates FY Guidance

athenahealth (ATHN) PT Lowered to $142 at KeyBanc Following 3Q

November 12, 2018 7:52 AM EST

KeyBanc analyst Donald Hooker lowered the price target on athenahealth (NASDAQ: ATHN) to $142.00 (from $170.00) while maintaining a Overweight rating following the company's 3Q. ATHN reported weak 3Q18 top-line metrics with soft bookings of only $38M (down ~34% y/y) and revenues lagging consensus ($330M vs.... More

Baird Downgrades athenahealth (ATHN) to Neutral Following Takeout Bid

November 12, 2018 4:21 AM EST

Baird analyst Matthew Gillmor downgraded athenahealth (NASDAQ: ATHN) from Outperform to Neutral with a price target of $135.00 (from $160.00).

The analyst steps aside following the expected takeout from Veritas and Elliot. He is not expecting a competing bid to emerge.

For an analyst... More