Cerner price target lowered to $58 from $68 at SunTrust. SunTrust analyst Sandy Draper lowered his price target on Cerner to $58, saying the downside from his previously expressed concerns about a difficult market, high multiple, and optimistic consensus came “quicker than expected”. The analyst states that the company should consider share repurchases in order to generate double-digit EPS growth given the “difficult macro environment”.
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