UPDATE: Goldman Sachs Raises PT on Computer Programs & Systems to $87

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.
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