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Fly News Breaks for October 21, 2016
ATHN
Oct 21, 2016 | 07:38 EDT
UBS analyst Michael Cherry said athenahealth reported mixed Q3 results as earnings came in above expectations but revenue growth fell short. Cherry believes the recent underperformance of the shares has priced in some of the shortfall but noted the shares continue to trade at a discount to the stock's multi-year average. Cherry reiterated his Buy rating and $147 price target on athenahealth shares.
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