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Fly News Breaks for July 25, 2016
ATHN
Jul 25, 2016 | 09:31 EDT
Baird said the selloff in athenahealth will prove to be a good long-term entry point into the stock. The firm feels the headline results were worse than expected, though revenue reflects the normal seasonality, underlying booking trends remain solid, and the stronger bookings will drive accelerating revenue trends in 2017. Baird reiterated its Outperform rating and $185 price target on athenahealth shares.
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