Skip to main content

Market Overview

Auriga Comments On Cerner Q1 Preview

Share:

According to Auriga, Cerner (NASDAQ: CERN) is well positioned across the board for 2011.

Auriga said that it continues to recommend purchase of Cerner (CERN) following our upgrade last month as the single best way to play the health IT stimulus, domestically and abroad. “Our checks suggest that Cerner is demonstrating success in the acute care replacement market as hospitals scramble to meet requirements for meaningful use, and its ambulatory solutions (while not the Company's strength) are gaining ground. Longer term, we view Cerner as way out in front of any hospital IT vendor vis-a-vis its global footprint and for this reason believe the stock is a core holding even when our current stimulus “runs out” (which is still 3-4 years away).”

Cerner closed yesterday at $111.43.

 

Related Articles (CERN)

View Comments and Join the Discussion!

Posted-In: Auriga cernerAnalyst Color Analyst Ratings

Latest Ratings

StockFirmActionPT
SEDGB of A SecuritiesMaintains411.0
PTLOPiper SandlerMaintains28.0
AOUTLake StreetMaintains26.0
RAPTPiper SandlerMaintains52.0
OCXLake StreetMaintains6.0
View the Latest Analytics Ratings
Don't Miss Any Updates!
News Directly in Your Inbox
Subscribe to:
Benzinga Premarket Activity
Get pre-market outlook, mid-day update and after-market roundup emails in your inbox.
Market in 5 Minutes
Everything you need to know about the market - quick & easy.
Fintech Focus
A daily collection of all things fintech, interesting developments and market updates.
SPAC
Everything you need to know about the latest SPAC news.
Thank You

Thank you for subscribing! If you have any questions feel free to call us at 1-877-440-ZING or email us at vipaccounts@benzinga.com