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Fly News Breaks for September 15, 2015
CERN
Sep 15, 2015 | 07:49 EDT
Oppenheimer says that Cerner's long-term and short-term bookings are strong, making the firm confident in the company's outlook. The firm thinks that the company's recent revenue miss was caused by "forecasting hiccups.," rather than changes in its market position. Oppenheimer believes that the stock has reached a good entry point. It keeps an $85 price target and Outperform rating on the shares.
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