Allscripts Healthcare Solutions (MDRX) Receives ‘Analyst’ Rating

Allscripts Healthcare Solutions (MDRX) has an average broker rating of 2.14, which is interpreted as a Buy, as rated by 18 equity analysts. Nonetheless, 7 analysts are positive on the stocks future and they recommend a Strong Buy on the stock. 1 other analysts advise a Buy. Nevertheless, the majority of 10 analysts consider that the stock is a Hold with neither a large upside nor a downside. Ranking by Zacks Investment Research for Coach Inc is 3, which is also a Hold.

Allscripts Healthcare Solutions (MDRX) : 10 investment research analysts covering Allscripts Healthcare Solutions (MDRX) have an average price target of $15.85 for the near short term. The highest target price given by the Brokerage Firm to the stock is $18 and the lowest target is $14 for the short term. Analysts expect the variance to be within $1.63 of the average price.


Also, Brokerage firm Cowen & Co. downgrades its rating on Allscripts Healthcare Solutions (NASDAQ:MDRX). The shares have been rated Market Perform. Previously, the analysts had a Outperform rating on the shares. The rating by the firm was issued on September 8, 2016.

Allscripts Healthcare Solutions (NASDAQ:MDRX): After opening at $12.85, the stock dipped to an intraday low of $12.74 on Thursday. However, the bulls stepped in to buy at lower levels and pushed the stock higher. The stock touched an intraday high of $13.205 and the buying power remained strong till the end. The stock closed at $13.11 for the day, a gain of 1.79% for the day session. The total traded volume was 2,965,969. The stocks close on the previous trading day was $12.88.

Allscripts Healthcare Solutions, Inc. is engaged in engaged in delivering Information Technology (IT) and services. The Company sells its solutions to physicians, hospitals, governments, health systems, health plans, retail clinics, retail pharmacies, pharmacy benefit managers and post-acute organizations, such as home health and hospice agencies. The Company operates through three segments: Clinical and Financial Solutions, Population Health, and Managed Services. The Companys solutions enable healthcare professionals with the data, insights, and connectivity. The Company offers Ambulatory Solutions, Acute Care Solutions, Population Health Management Solutions and services. Ambulatory solutions include Allscripts TouchWorks HER and Allscripts Professional HER, among others. The Companys acute care offers clinical, access, financial, and departmental solutions. The Company designs its population health management solutions for hospitals, health systems, among others.

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