RBC Capital analyst George Hill raised his price target on athenahealth to $160 and kept his Sector Perform rating, saying that Elliott Management's offer to acquire the company for $160 per share is a "good opportunity to improve company execution and generate an attractive return" for shareholders. The analyst maintains his view that athenahealth is a "good company" but a "challenging investment proposition" amid slowing growth and multiple compression, adding that the turnaround may be best achieved away from the "prying eyes" of the public market. Hill further states that there's a "fair chance" that Elliott's bid does not produce a deal, in which case he sees the stock trading back down to $100-$125 per share range.