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Fly News Breaks for August 1, 2017
QSII
Aug 1, 2017 | 11:09 EDT
Piper Jaffray analyst Sean Wieland raised his price target for Quality Systems to $20 from $16 after the company beat on revenue and EPS, and announced the acquisition of a cloud-based analytics platform. With expected bookings acceleration in 2H, improved customer service and a wider platform offering, the analyst believes this sets Quality Systems up for accelerated growth. He reiterates an Overweight rating on the shares.
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