Cerner (CERN) PT Raised to $49 at Morgan Stanley

Go back to Cerner (CERN) PT Raised to $49 at Morgan Stanley

Cerner Announces Agreement with Starboard Value Regarding Board Refreshment, Operational Improvement Initiatives and Expanded Capital Return Program to Drive Next Phase of Profitable Growth and Value

April 9, 2019 7:55 AM EDT

Four New Directors to Be Immediately Appointed to the Board of Directors

Commitment to Adjusted Operating Margin Targets for Q4 2019 and Q4 2020 of 20% and 22.5%, Respectively1

Creation of Finance and Strategy Committee of the Board to Oversee Operational Improvement Initiatives

Increases Share Repurchase Authorization Resulting in $1.5 Billion Available for Repurchase

KANSAS CITY, Mo., April 09, 2019 (GLOBE NEWSWIRE) -- Cerner Corporation (NASDAQ: CERN) (Cerner or the Company) today announced that the Company has entered into a cooperation agreement (the Cooperation... More

Cerner Announces Agreement with Starboard Value Regarding Board Refreshment, Operational Improvement Initiatives and Expanded Capital Return Program to Drive Next Phase of Profitable Growth and Value

April 9, 2019 7:53 AM EDT

Four New Directors to Be Immediately Appointed to the Board of Directors

Commitment to Adjusted Operating Margin Targets for Q4 2019 and Q4 2020 of 20% and 22.5%, Respectively1

Creation of Finance and Strategy Committee of the Board to Oversee Operational Improvement Initiatives

Increases Share Repurchase Authorization Resulting in $1.5 Billion Available for Repurchase

KANSAS CITY, Mo., April 09, 2019 (GLOBE NEWSWIRE) -- Cerner Corporation (NASDAQ: CERN) (Cerner or the Company) today announced that the Company has entered into a cooperation agreement (the Cooperation Agreement) with... More