Deutsche Bank Provides Color on Quality Systems

Deutsche Bank provided color on Quality Systems QSII. In a research report published today, the rating agency commented on the company's agreement with Dell DELL. In the report, Deutsche Bank states, “This morning, Quality Systems, through its NextGen divi‐ sion, announced that it had signed an agreement with Dell (covered by DB's Chris Whitmore ‐ Buy rating, $15.06) to market and sell various NextGen solutions, including NextGen Ambulatory EHR, NextGen Practice Manage‐ ment, NextGen Inpatient Clinicals, NextGen Inpatient Financials, and other NextGen solutions. This agreement will be part of Dell's broad EMR solu‐ tions for hospitals and physicians.” At the moment, the rating agency has a Hold rating and a price target of $87.50 placed on the company's stock. On Friday, QSII closed the day at $81.32.
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Posted In: Analyst ColorAnalyst RatingsComputer HardwareDeutsche BankInformation TechnologySystems Software
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