Morgan Keegan Has Market Perform Rating On HMS Holdings Corp. (HMSY)

Morgan Keegan has a Market Perform rating and a $78 price target on shares of HMS Holdings Corp. HMSY. In a note to clients, Morgan Keegan writes, "HMSY has identified three areas related to health reform that could benefit the company before 2014: enrollment growth, Medicaid RAC and insurance exchanges. In this note, we look at the potential for early adoption of broader Medicaid eligibility requirements to drive enrollment growth before 2014." Shares of HMSY closed at $80.40 yesterday.