JP Morgan Reiterates Neutral on Athenahealth, Raises PT to $50

JP Morgan reiterated its Neutral rating on Athenahealth 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 $53.80.