Wells Fargo Securities analyst Jamie Stockton upgraded Computer Programs & Systems to Outperform from Market Perform and raised his price target for the shares to $35 from $34. While the company reported "relatively weak" Q1 bookings and indicated Q2 sales and profits would be under pressure, management has worked hard to enhance the platform, Stockton tells investors in a research note. He believes Computer Programs' cycle of dividend cuts and debt reduction after the Healthland acquisition in 2016 seems to have ended. Further, cost reductions has left Computer Programs in good shape to drive profits and cash flow as recurring revenue continues to build, says the analyst. He expects "solid performance" of the shares in the next 12 months and moves off the sidelines for the first time in seven years.