UPDATE: Athenahealth (ATHN) Tops Q3 EPS by 8c, Updates FY Guidance
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athenahealth (ATHN) PT Lowered to $142 at KeyBanc Following 3Q
November 12, 2018 7:52 AM ESTKeyBanc 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 ESTBaird 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
