Citing Cerner’s (NASDAQ:CERN) strong
positioning amid the coronavirus pandemic, Jefferies analyst David
Windley upgrades the company from Hold to Buy and increases the price
target from $75 to $90, a 31% upside.
The analyst thinks the financial strain will
continue to impact capex after the pandemic and prefers vendors like
Cerner, which have larger clients, deep backlogs, and strong balance
sheets.
https://seekingalpha.com/news/3563162-cerner-gains-bull-on-pandemic-positioning
No comments:
Post a Comment
Note: Only a member of this blog may post a comment.