Auriga Maintains Hold On QSII

Auriga has issued a report maintaining a Hold Rating on QUality Systems QSII. ACcording to Auriga, "Our HOLD rating stems from valuation, and also our view that the FQ1 consensus EPS estimate of $0.62 (implying 48% year-year EPS growth) is aggressive. Since QSII offers no guidance, and given the lumpiness of the business as it relates to the timing of software licenses, we would shy away from the name in advance of the June earnings release." QSII has an $81 Price Target and closed at $85.55 a share yesterday.