Cerner Corporation (CERN) Shares are Up 7.18%

Cerner Corporation (CERN) : Traders are bullish on Cerner Corporation (CERN) as it has outperformed the S&P 500 by a wide margin of 7.63% in the past 4 weeks. The bullishness in the stock continues even in the near-term as the stock has returned an impressive 6.73%, relative to the S&P 500. The stock has continued its bullish performance both in the near-term and the medium-term, as the stock is up 7.18% in the last 1 week, and is up 10.31% in the past 4 weeks. Buying continues as the stock moves higher, suggesting a strong appetite for the stock.

Cerner Corporation (NASDAQ:CERN): During Fridays trading session, Bulls were in full control of the stock right from the opening. The stock opened at $66.30 and $65.72 proved to be the low of the day. Continuous buying at higher levels pushed the stock towards an intraday high of $67.44. The buying momentum continued till the end and the stock did not give up its gains. It closed at $66.87, notching a gain of 0.86% for the day. The total traded volume was 2,353,982 . The stock had closed at $66.30 on the previous day.

The stock has recorded a 20-day Moving Average of 8% and the 50-Day Moving Average is 14.58%. Cerner Corporation is up 24.69% in the last 3-month period. Year-to-Date the stock performance stands at 11.14%.

Cerner Corporation (CERN) : The most positive equity analysts on Cerner Corporation (CERN) expects the shares to touch $77, whereas, the least positive believes that the stock will trade at $60 in the short term. The company is covered by 15 Wall Street Brokerage Firms. The average price target for shares are $69.07 with an expected fluctuation of $4.28 from the mean.


Cerner Corporation (Cerner) is a supplier of health care information technology (HCIT). The Company offers a range of intelligent solutions and services that support the clinical, financial and operational needs of organizations. The Company offers software, hardware, professional services and managed services. The Company operates in two segments: Domestic and Global. The Domestic segment includes the business activity in the United States. The Global segment includes the business activity in Aruba, Australia, Austria, Brazil, Canada, Cayman Islands, Chile, Egypt, England, Finland, France, Germany, Guam, India, Ireland, Israel, Malaysia, Mexico, Netherlands, Qatar, Saudi Arabia, Singapore, Spain, Switzerland and the United Arab Emirates. Cerner solutions are offered on the unified Cerner Millennium architecture and on the HealtheIntent cloud-based platform. Its solutions include HealtheRegistries, Cerner ITWorks, Cerner RevWorks, PowerWorks and CommunityWorks, among others.

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