Piper Jaffray Maintains Alliance HealthCare Overweight, $6 PT (AIQ)

Piper Jaffray maintained its Alliance HealthCare AIQ Overweight rating and $6 price target in an Earnings Update report.

In the report, Piper Jaffray states, "We are updating our model and introducing FY12 estimates for AIQ following the company's Q4 earnings conference call earlier this morning. Given the relatively in-line quarterly results, our 2011 estimates remain largely unchanged."

Shares of Alliance HealthCare closed Thursday at $4.09, reflecting no change from Wednesday's market close.