-
RBC Sees 'Little Incremental Risk' To WebMD's Franchise Amid Google Health Content Tweak
Tuesday, June 21, 2016 - 2:50pm | 328Shares of WebMD Health Corp. (NASDAQ: WBMD) were under heavy selling pressure on Monday after reports surfaced that changes to a Google search algorithm would impact traffic to its site. Specifically, Google extended its KnowledgeGraph to include "symptom search" capabilities. Investors then...
-
RBC: Time To Buy Cerner, Stock Can Rise To $70
Tuesday, September 29, 2015 - 10:37am | 248Shares of Cerner Corporation (NASDAQ: CERN) have declined by almost 18 percent, following the high of $75, achieved on April 10. RBC Capital’s David Francis has upgraded Cerner from Sector Perform to Outperform, while raising the price target from $68 to $70. The significant selloff...
-
UPDATE: RBC Capital Markets Downgrades Quality Systems On Trimmed Estimates
Monday, March 9, 2015 - 8:53am | 136In a report published Monday, RBC Capital Markets analyst David Francis downgraded the rating on Quality Systems, Inc. (NASDAQ: QSII) from Sector Perform to Underperform, and lowered the price target from $15.00 to $14.00. In the report, RBC Capital Markets noted, "We recently attended a CIO Forum...