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MDRX

Allscripts

, CERN

Cerner

$66.04

0.11 (0.17%)

06:01
06/19/17
06/19
06:01
06/19/17
06:01

Allscripts downgraded to Market Perform from Outperform at Leerink

Leerink analyst David Larsen downgraded Allscripts (MDRX) to Market Perform and lowered his price target for the shares to $13 from $15. The analyst sees "significant attrition risk" to the company's Sunrise base as his channel checks indicate Cerner (CERN) and Epic are winning the vast majority of share. Further, the Republican healthcare bill "may put even more pressure on hospital budgets," Larsen tells investors in a research note.

MDRX

Allscripts

CERN

Cerner

$66.04

0.11 (0.17%)

  • 21

    Jun

MDRX Allscripts

03/27/17
OPCO
03/27/17
NO CHANGE
OPCO
ACHA defeat removes concerns on hospital spending names, says Oppenheimer
After House Speaker Paul Ryan pulled the American Health Care Act amid lack of support, Oppenheimer analyst Mohan Naidu points out that the Republican rhetoric post-defeat suggests that they are likely to leave Affordable Care Act alone for now and move forward to the next agenda. The analyst believes this could provide some relief and remove concerns on hospital spending names such as Cerner (CERN), Allscripts (MDRX), Omnicell (OMCL) and Vocera (VCRA). Additionally, Naidu notes that concerns on HMS Holdings' (HMSY) Medicaid business should also ease up and move the stock higher. HealthEquity (HQY) is likely to be under pressure, but the new administration will likely push pro-HSA legislation via other avenues as well as through regulation changes, he adds, saying he would buy HealthEquity on any pullback.
05/15/17
BOFA
05/15/17
INITIATION
Target $14
BOFA
Neutral
Allscripts initiated with a Neutral at BofA/Merrill
BofA/Merrill initiated Allscripts with a Neutral and a $14 price target.
05/15/17
05/15/17
INITIATION

On The Fly: Top five analyst initiations
Catch up on today's top five analyst initiations with this list compiled by The Fly: 1. Jazz Pharmaceuticals (JAZZ) initiated with an Outperform at RBC Capital. 2. Visteon (VC) initiated with a Sector Perform at RBC Capital. 3. Allscripts (MDRX) initiated with a Neutral at BofA/Merrill. 4. Independent Bank (INDB) initiated with a Neutral at Piper Jaffray. 5. Karyopharm (KPTI) initiated with an Overweight at Cantor. This list is just a portion of The Fly's analyst coverage. To see The Fly's full Street Research coverage, click here.
05/25/17
JEFF
05/25/17
NO CHANGE
JEFF
After hospital survey, Jefferies says buy Allscripts and Cerner
Jefferies analyst Sean Dodge says his survey of hospital executives indicates the pace of bookings growth for EHR vendors will continue uninterrupted despite the political uncertainty overhanging the space. Concerns of a slowdown are weighing on valuations, Dodge tells investors in a research note. He likes shares of Allscripts (MDRX) and Cerner (CERN) for their "integrated platforms and exposure to the hospital market." The analyst recommends buying both stocks.
CERN Cerner
$66.04

0.11 (0.17%)

06/05/17
06/05/17
NO CHANGE
Target $69

Overweight
VA contract largely priced into Cerner shares, says Piper Jaffray
Piper Jaffray analyst Sean Wieland believes the expectation of today's Veterans Affairs contract was largely priced into the Cerner with the stock up only 1% on the news. The analyst, while noting the contract still needs to be negotiated, believes Cerner was the obvious choice with the Department of Defense already running Millenium. He reiterates an Overweight rating on the shares with a $69 price target.
06/05/17
BOFA
06/05/17
NO CHANGE
Target $71
BOFA
Buy
Cerner price target raised to $71 from $66 at BofA/Merrill
06/06/17
SBSH
06/06/17
NO CHANGE
Target $60
SBSH
Buy
Veterans Affairs decision may be good for Leidos, says Citi
Citi analyst Jonathan Raviv believes the Department of Veterans Affairs' announcement yesterday that it will adopt the same core for its Electronic Health Record system as used at the Department of Defense may be good news for Leidos (LDOS). Leidos is the lead integrator on the Department of Defense implementation, which uses Cerner's (CERN) Millennium product, Raviv tells investors in a research note. The analyst keeps a Buy rating on Leidos with a $60 price target.
06/06/17
JPMS
06/06/17
NO CHANGE
Target $72
JPMS
Overweight
Cerner price target raised to $72 from $65 at JPMorgan
JPMorgan analyst Lisa Gill raised her price target for Cerner to $72 after the Department of Veteran Affairs announced its intent to use the company's Millennium platform as its Electronic Health Record system replacement. Assuming Cerner is able to secure a prime contractor role, the economics could be seven-to-14 times the size of the Department of Defense contract win, Gill tells investors in a research note. She sees the contract as creating a "longer term tail to growth" and keeps an Overweight rating on Cerner.

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ADP

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$107.48

0.93 (0.87%)

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CMG

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$309.39

5.98 (1.97%)

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ADP

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$107.48

0.93 (0.87%)

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GOOG

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$921.81

6.81 (0.74%)

, GOOGL

Alphabet Class A

$936.86

7.11 (0.76%)

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Periodicals
Google nears deal to buy assets from HTC, Bloomberg reports »

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$921.81

6.81 (0.74%)

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$936.86

7.11 (0.76%)

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HMNY

Helios and Matheson

$5.70

2.22 (63.79%)

12:10
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09/20
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Periodicals
Helios and Matheson mentioned cautiously by TheStreetSweeper 

Reference Link

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ADP

ADP

$107.48

0.93 (0.87%)

, PAYX

Paychex

$58.07

-0.01 (-0.02%)

12:09
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Hot Stocks
Ackman says 80% of ADP's issue is margins not at Paychex level »

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ADP

ADP

$107.48

0.93 (0.87%)

PAYX

Paychex

$58.07

-0.01 (-0.02%)

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  • 30

    Oct

ADP

ADP

$107.48

0.93 (0.87%)

12:08
09/20/17
09/20
12:08
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12:08
Hot Stocks
Ackman says ADP products are not easy enough to use »

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ADP

ADP

$107.48

0.93 (0.87%)

12:06
09/20/17
09/20
12:06
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12:06
Hot Stocks
Ackman says ADP overstates total shareholder returns under CEO »

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LUXTY

Luxottica

$57.52

0.06 (0.10%)

, ESLOY

Essilor

$63.35

-0.06 (-0.09%)

12:06
09/20/17
09/20
12:06
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12:06
Downgrade
Luxottica, Essilor rating change  »

Luxottica downgraded to…

LUXTY

Luxottica

$57.52

0.06 (0.10%)

ESLOY

Essilor

$63.35

-0.06 (-0.09%)

03/08/13
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PSEC

Prospect Capital

$6.72

0.07 (1.05%)

12:05
09/20/17
09/20
12:05
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Options
Prospect Capital call volume above normal and directionally bullish »

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ADP

ADP

$107.48

0.93 (0.87%)

12:01
09/20/17
09/20
12:01
09/20/17
12:01
Hot Stocks
Bill Ackman says ADP has 'massively underperformed potential' »

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AAPL

Apple

$158.73

0.06 (0.04%)

, ADBE

Adobe

$156.60

0.83 (0.53%)

12:00
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09/20
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General news
On The Fly: Top stock stories at midday »

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AAPL

Apple

$158.73

0.06 (0.04%)

ADBE

Adobe

$156.60

0.83 (0.53%)

FDX

FedEx

$221.74

5.74 (2.66%)

GIS

General Mills

$52.57

-2.81 (-5.07%)

ALNY

Alnylam

$75.04

-0.96 (-1.26%)

IONS

Ionis Pharmaceuticals

$59.07

-0.5 (-0.84%)

CPRT

Copart

$32.54

-0.32 (-0.97%)

BBBY

Bed Bath & Beyond

$27.03

-0.27 (-0.99%)

LB

L Brands

$37.50

-1.73 (-4.41%)

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  • 20

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    Sep

  • 22

    Oct

AAPL

Apple

$158.73

0.06 (0.04%)

, JD

JD.com

$44.33

-0.41 (-0.92%)

11:55
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09/20
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Hot Stocks
Apple slides after reports of Watch connection issues, poor reviews »

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AAPL

Apple

$158.73

0.06 (0.04%)

JD

JD.com

$44.33

-0.41 (-0.92%)

CHL

China Mobile

$51.69

-0.23 (-0.44%)

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  • 20

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  • 22

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WDC

Western Digital

$89.92

0.74 (0.83%)

, TOSYY

Toshiba, also use TOSBF

$17.37

0.12 (0.70%)

11:44
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Hot Stocks
Western Digital 'disappointed' in Toshiba proposed transfer of JV interests »

Western Digital (WDC)…

WDC

Western Digital

$89.92

0.74 (0.83%)

TOSYY

Toshiba, also use TOSBF

$17.37

0.12 (0.70%)

TOSBF

Toshiba, also use TOSYY

$2.89

0.01 (0.35%)

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LAYN

Layne Christensen

$12.32

0.15 (1.23%)

11:44
09/20/17
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11:44
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Hot Stocks
Layne Christensen making investments in energy midstream »

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  • 20

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WDC

Western Digital

$89.92

0.74 (0.83%)

, TOSYY

Toshiba, also use TOSBF

$17.37

0.12 (0.70%)

11:42
09/20/17
09/20
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11:42
Hot Stocks
Breaking Hot Stocks news story on Western Digital, Toshiba, also use TOSBF, Toshiba, also use TOSYY »

Western Digital…

WDC

Western Digital

$89.92

0.74 (0.83%)

TOSYY

Toshiba, also use TOSBF

$17.37

0.12 (0.70%)

TOSBF

Toshiba, also use TOSYY

$2.89

0.01 (0.35%)

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WDC

Western Digital

$89.92

0.74 (0.83%)

, TOSYY

Toshiba, also use TOSBF

$17.37

0.12 (0.70%)

11:41
09/20/17
09/20
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11:41
Hot Stocks
Breaking Hot Stocks news story on Western Digital, Toshiba, also use TOSBF, Toshiba, also use TOSYY »

Western Digital…

WDC

Western Digital

$89.92

0.74 (0.83%)

TOSYY

Toshiba, also use TOSBF

$17.37

0.12 (0.70%)

TOSBF

Toshiba, also use TOSYY

$2.89

0.01 (0.35%)

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RCII

Rent-A-Center

$12.16

-0.05 (-0.41%)

11:40
09/20/17
09/20
11:40
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11:40
Options
Put buyers in Rent A Center as shares see relative weakness »

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11:40
09/20/17
09/20
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11:40
General news
Fed funds futures are little changed to fractionally lower for the 2017 »

Fed funds futures are…

LAYN

Layne Christensen

$12.32

0.15 (1.23%)

11:35
09/20/17
09/20
11:35
09/20/17
11:35
Hot Stocks
Breaking Hot Stocks news story on Layne Christensen »

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  • 20

    Sep

LAYN

Layne Christensen

$12.32

0.15 (1.23%)

11:33
09/20/17
09/20
11:33
09/20/17
11:33
Hot Stocks
Layne Christensen sees earnings momentum, lower SG&A costs »

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  • 20

    Sep

AVGO

Broadcom

$249.76

-0.06 (-0.02%)

11:31
09/20/17
09/20
11:31
09/20/17
11:31
Technical Analysis
Technical View: Broadcom breaks uptrend support line »

The hand-drawn uptrend…

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XOP

SPDR Oil Exploration and Production Fund

$32.75

0.565 (1.76%)

11:30
09/20/17
09/20
11:30
09/20/17
11:30
Options
Notable call spread in SPDR Oil Exploration and Production ETF »

Notable call spread in…

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LAYN

Layne Christensen

$12.32

0.15 (1.23%)

11:28
09/20/17
09/20
11:28
09/20/17
11:28
Hot Stocks
Layne Christensen says municipal spending on pipe maintenance steady »

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  • 20

    Sep

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