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Fly News Breaks for July 31, 2017
ATHN
Jul 31, 2017 | 07:46 EDT
As reported previously, Cowen analyst Charles Ryhee downgraded athenahealth to Market Perform from Outperform. The analyst believes the macro environment will remain a challenge as he doesn't see the sales cycle shortening. He also sees improving margins taking the shares only so far and believes that improvement potential is already reflected in its valuation. Ryhee raised his price target to $133 from $127 on athenahealth shares.
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