Goldman Sachs is out with its report today on Computer Programs & Systems CPSI, raising its PT from $81 to $87.
In its report, Goldman Sachs writes, "We increase our 12-month price target to $87 from $81 — on a weighted
average of our 2012 EV/EBITDA, DCF, and M&A analyses. Our price target increase is a result of our increased estimates as we are making no changes to our assumed comparable EV/EBITDA or M&A multiples."
Goldman Sachs maintains Buy on CPSI.
Shares of CPSI closed Friday at $73.45, up 17.54% from Thursday's close.
Market News and Data brought to you by Benzinga APIs© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
Comments
Loading...
Benzinga simplifies the market for smarter investing
Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.
Join Now: Free!
Already a member?Sign in