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Fly News Breaks for August 3, 2016
CERN
Aug 3, 2016 | 05:52 EDT
Piper Jaffray analyst Sean Wieland raised his price target for Cerner to $81 saying the company's bookings in Q2 accelerated to 20% year-over-year growth. The business pipeline and sales activities are "at an all time high," and the current base is only 25% penetrated with revenue cycle services, offering "ample growth opportunity," Wieland tells investors in a post-earnings research note. He reiterates an Overweight rating on Cerner.
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