Allscripts Healthcare Solutions (MDRX) Receives Price Target

Allscripts Healthcare Solutions (MDRX) : Currently there are 10 street experts covering Allscripts Healthcare Solutions (MDRX) stock. The most bullish and bearish price target for the stock is $18 and $14 respectively for the short term. The average price target of all the analysts comes to $16.15. The estimated standard deviation from the target is $1.53.

Allscripts Healthcare Solutions (MDRX) : The consensus on Allscripts Healthcare Solutions (MDRX) based on 18 analyst recommendation on the company stock is 2.03, which is interpreted as a Buy recommendation. Zacks Investment Research has issued a rank of 3 which endorses a Hold on the stock. However, 8 brokers have a differing view as they consider the stock to be a Strong Buy at current levels. 1 analyst believes that the stock is a Buy, which can produce decent returns in the future. 9 experts consider that the stocks earnings and the quoted price is in harmony, hence, they give it a Hold rating.


Also, In the latest statement by the brokerage house, Leerink Swann upgrades its outlook on Allscripts Healthcare Solutions (NASDAQ:MDRX). The current rating of the shares is Outperform, according to the research report released by the firm. Previously, the company had a rating of Market Perform. The rating by the firm was issued on August 23, 2016.

Allscripts Healthcare Solutions (NASDAQ:MDRX): The stock was completely flat for the day, closing at $12.91 on Thursday. The flat closing masks the intraday volatility in the stock. After opening at $12.95, the stock touched an intraday high of $12.96 and a low of $12.75. Neither the bulls nor the bears asserted their supremacy at close, due to which the stock closed completely flat. The stock previously closed at $12.91. The total trading volume on Thursday was 1,890,110.

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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