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Goldman Sachs Reiterates Neutral on Athenahealth, Raises PT to $58
Monday, July 25, 2011 - 7:48am | 54Goldman reiterated its Neutral rating on Athenahealth (NASDAQ: ATHN). At the same time, the rating agency raised its price target on the company's stock from $47 to $58. On Friday, ATHN closed the day at $57.09. Its shares lost 0.44% of their value in today's pre-market trading to stand around $56....
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Benzinga's Top Downgrades
Monday, July 25, 2011 - 7:14am | 128MedcoHealth Solutions Inc (NYSE: MHS) was downgraded by BB&T Capital Markets from "buy" to "hold." MHS' shares closed at $65.96 on Friday. MHS' trailing-twelve-month profit margin is 2.16%. Roth Capital downgraded Hollysys Automation Technologies Ltd (NASDAQ: HOLI) from “buy” to “neutral.”...
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Markets Cautious - DC on Hot Seat over Weekend 07-22-2011
Friday, July 22, 2011 - 5:54pm | 844Cusick's Corner Today's session was rather mixed and stuck to a small range. Tech led today, so the NASDAQ showed up the Dow and SPX. However, all the major averages ended the week higher. Trading was cautious due to the continuing uncertainty about the deadlock over the August 2nd deadline to...
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Vol Drops, Heat Still Up 07-22-2011
Friday, July 22, 2011 - 2:05pm | 978Cusick's Corner Earnings and the debt talks remain in focus. CAT earnings failed to impress which is helping to dampen this market. It's hot in DC right now but tempers could get even hotter this weekend if there's no debt deal. Some traders may lack faith in any debt deals being made anytime...
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Earnings Preview: Express Scripts EPS, Revenue Expected to Rise from Previous Quarter
Friday, July 22, 2011 - 12:11pm | 607Express Scripts (NASDAQ: ESRX) announces its next round of earnings this Wednesday, July 27, 2011. Get the latest predictions in Benzinga's essential guide to the company's second quarter earnings report. Earnings and Revenue: Wall Street expects a EPS of 71 cents per share and revenues of $...
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Companies Trading Lower After Releasing Earnings
Friday, July 22, 2011 - 10:18am | 116Avid Tech (NASDAQ: AVID) is trading down over 20% after releasing Q2 earnings. StanCorp Financial Group (NYSE: SFG) is trading down over 14% after releasing Q2 earnings. AMCOL International (NYSE: ACO) is trading down nearly 13% after releasing Q2 earnings. Healthways (NASDAQ: HWAY) is trading...
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Options Brief: Medco Health Solutions
Friday, July 22, 2011 - 9:59am | 92Shares of Medco Health Solutions (NYSE: MHS) are higher on the session by 3.34%, trading at $65.96. Overall put volume is now running at 2.08x the daily average, with 82% of all puts traded being purchases on the offer. 5,616 contracts have traded on the session so far. Medco Health Solutions,...
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athenahealth up 23% on Upbeat Earnings
Friday, July 22, 2011 - 9:41am | 47athenahealth (NASDAQ: ATHN) is up 23% on upbeat Q2 earnings that were reported yesterday after the close. The company announced EPS of $0.22 vs. $0.18 Est and revenues of $77.9M vs. $75.08M Est. athenahealth is currently trading at $58.97, a gain of $10.39 or 21.39%.
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Options Brief: Express Scripts
Friday, July 22, 2011 - 9:32am | 91Shares of Express Scripts (NASDAQ: ESRX) are higher on the session by 2.88%, trading at $56.95. Overall call volume is now running at 2.58x the daily average, with 64% of all calls traded being purchases on the offer. 8,871 contracts have traded on the session so far. Express Scripts, Inc. is a...
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UPDATE: Piper Jaffray Raises PT on Athenahealth from $49 to $68
Friday, July 22, 2011 - 8:20am | 104Piper Jaffray has published a report on athenahealth (NASDAQ: ATHN) raising the price target from $49.00 to $68.00. In the report, Piper Jaffray wrote, "A solid beat across all financial and operating metrics, increased guidance, and demonstrable operating leverage exemplifies why ATHN is the...
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JP Morgan Reiterates Neutral on Athenahealth, Raises PT to $50
Friday, July 22, 2011 - 7:46am | 54JP Morgan reiterated its Neutral rating on Athenahealth (NASDAQ: ATHN). At the same time, the rating agency raised its price target on the company's stock from $42 to $50. On Thursday, ATHN closed the day at $48.58. Its shares are surging in today's pre-market trading, rising 10.75% to stand around...
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Pre-Market Winners
Friday, July 22, 2011 - 7:15am | 105athenahealth (NASDAQ: ATHN) is trading up over 11% after reporting Q2 earnings. Cepheid (NASDAQ: CPHD) is trading up over 10% after reporting earnings. Skyworks Solutions (NASDAQ: SWKS) is trading up near 9% after reporting earnings. Advanced Micro Devices (NYSE: AMD) is trading up over 8% after...
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Oppenheimer Maintains Underperform on athenahealth
Friday, July 22, 2011 - 6:24am | 147Oppenheimer is out with its report today on athenahealth (NASDAQ: ATHN), maintaining Underperform. In a note to clients, Oppenheimer writes, "athena delivered strong 2Q11 results, exceeding consensus estimates for both revenue and EPS. In conjunction with 2Q results, athena announced plans to...
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Benzinga's Top Downgrades
Friday, July 22, 2011 - 6:18am | 133Analysts at FBR Capital downgraded StanCorp Financial Group Inc (NYSE: SFG) from “outperform” to “market perform.” SFG's stock closed at $41.22 yesterday. StanCorp Financial's trailing-twelve-month ROA is 1.06%. Analysts at Robert W. Baird downgraded Swift Transportation Company LLC (NYSE: SWFT)...
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JP Morgan Raises PT On athenahealth To $50
Friday, July 22, 2011 - 5:59am | 26JP Morgan has raised the price target on athenahealth (NASDAQ: ATHN) from $42 to $50 and maintains its Neutral rating.