Credit Suisse Gives Raytheon (RTN) $219.0000 Target; athenahealth, Inc. (ATHN) Had 11 Bullish Analysts

May 22, 2018 - By Louis Casey

Raytheon Company (NYSE:RTN) Logo

Among 30 analysts covering athenaHealth (NASDAQ:ATHN), 11 have Buy rating, 1 Sell and 18 Hold. Therefore 37% are positive. athenaHealth had 99 analyst reports since July 27, 2015 according to SRatingsIntel. The rating was downgraded by Cowen & Co on Monday, July 31 to “Market Perform”. As per Monday, October 10, the company rating was upgraded by Evercore. The stock has “Buy” rating by Oppenheimer on Wednesday, April 18. The stock of athenahealth, Inc. (NASDAQ:ATHN) has “Buy” rating given on Friday, February 16 by Piper Jaffray. The stock of athenahealth, Inc. (NASDAQ:ATHN) earned “Hold” rating by Cantor Fitzgerald on Wednesday, February 14. The stock has “Hold” rating by Stifel Nicolaus on Wednesday, August 31. Jefferies maintained the stock with “Hold” rating in Thursday, July 27 report. Robert W. Baird maintained the shares of ATHN in report on Friday, October 20 with “Buy” rating. RBC Capital Markets maintained athenahealth, Inc. (NASDAQ:ATHN) rating on Monday, October 26. RBC Capital Markets has “Underperform” rating and $105 target. Jefferies maintained the stock with “Hold” rating in Friday, September 15 report. See athenahealth, Inc. (NASDAQ:ATHN) latest ratings:

15/05/2018 Broker: Berenberg Old Rating: Buy New Rating: Hold Old Target: $143 New Target: $163 Downgrade
14/05/2018 Broker: Cantor Fitzgerald Rating: Hold New Target: $140.0000 Maintain
08/05/2018 Broker: Robert W. Baird Old Rating: Outperform New Rating: Outperform Old Target: $150 New Target: $160 Maintain
08/05/2018 Broker: Leerink Swann Rating: Hold New Target: $150.0000 Maintain
08/05/2018 Broker: Evercore Old Rating: In-Line New Rating: Outperform Old Target: $140 Upgrade
07/05/2018 Broker: Cantor Fitzgerald Rating: Hold New Target: $140.0000 Maintain
30/04/2018 Broker: Citigroup Old Rating: Neutral New Rating: Neutral Old Target: $148 New Target: $140 Maintain
27/04/2018 Broker: Leerink Swann Rating: Hold
24/04/2018 Broker: JP Morgan Old Rating: Neutral New Rating: Neutral Old Target: $148 New Target: $159 Maintain
24/04/2018 Broker: J.P. Morgan Rating: Hold New Target: $159.0000 Initiate

Credit Suisse has decreased Raytheon (NYSE:RTN) stock to a Hold in a research note revealed to clients and investors on Tuesday morning, and has set a 12 month target price per share at $219.0000. This target is 2.36% from RTN’s last price.

athenahealth, Inc., together with its subsidiaries, provides network medical record, revenue cycle, patient engagement, care coordination, and population health services for medical groups and health systems. The company has market cap of $6.19 billion. It offers athenaCollector, a network-enabled billing and practice management solution; athenaClinicals, an electronic health record for electronic health record management to help manage patientÂ’s clinical documentation; athenaCommunicator, an engagement and communication solution that provides an automated communication service between patients and well-known provider practices for interactions outside the exam room; and athenaCoordinator for order transmission and care coordination services. It has a 116.98 P/E ratio. The firm also provides athenahealth Population Health, a cloud population health service; and Epocrates service that include clinical information and decision support services in the areas of drug and disease information, medical calculator and tools, clinical guidelines, clinical messaging, and market research.

More notable recent athenahealth, Inc. (NASDAQ:ATHN) news were published by: 247Wallst.com which released: “Are Athenahealth Shareholders Getting Enough in This Go-Private Offer?” on May 07, 2018, also Globenewswire.com with their article: “athenahealth Reports First Quarter Fiscal Year 2018 Results” published on April 26, 2018, Seekingalpha.com published: “Elliott bid for athenahealth buoys medical IT players” on May 07, 2018. More interesting news about athenahealth, Inc. (NASDAQ:ATHN) were released by: Streetinsider.com and their article: “Elliott Management Releases Letter to Board of athenahealth (ATHN) on its $160/Share Offer” published on May 14, 2018 as well as Nasdaq.com‘s news article titled: “Mid-Afternoon Market Update: Crude Oil Up Over 1%; Tower Semiconductor Shares Plunge” with publication date: May 07, 2018.

Investors sentiment decreased to 1 in Q4 2017. Its down 0.09, from 1.09 in 2017Q3. It fall, as 30 investors sold athenahealth, Inc. shares while 70 reduced holdings. 38 funds opened positions while 62 raised stakes. 45.24 million shares or 0.17% more from 45.16 million shares in 2017Q3 were reported. Gp One Trading Limited Partnership holds 0% or 3,343 shares in its portfolio. Northern Corp holds 226,688 shares. First Personal Svcs has 26 shares for 0% of their portfolio. State Bank Of Mellon Corp reported 325,952 shares. Credit Suisse Ag reported 0.16% stake. Pictet Asset Management holds 265,777 shares or 0.09% of its portfolio. Geode Mgmt Lc holds 342,540 shares. Tower Rech Capital Limited Liability (Trc) reported 257 shares stake. Highvista Strategies Ltd Liability Com reported 0.29% of its portfolio in athenahealth, Inc. (NASDAQ:ATHN). National Bank Of America De accumulated 306,889 shares or 0.01% of the stock. Wellington Mngmt Grp Incorporated Llp owns 3.66M shares or 0.11% of their US portfolio. Jacobs Levy Equity Management Inc owns 18,286 shares or 0.04% of their US portfolio. Pura Vida Invests Limited Liability, a New York-based fund reported 50,000 shares. Symphony Asset Mgmt Ltd Com holds 0.04% of its portfolio in athenahealth, Inc. (NASDAQ:ATHN) for 2,818 shares. 20,828 were accumulated by Twin Tree Mngmt L P.

Since January 2, 2018, it had 2 insider buys, and 20 selling transactions for $11.46 million activity. $252,485 worth of athenahealth, Inc. (NASDAQ:ATHN) shares were sold by Armbrester Bradford Kyle. Porter Jonathan D. had sold 150 shares worth $20,981. Bush Jonathan sold 5,000 shares worth $702,327. 5,000 shares valued at $669,698 were sold by ROBINSON DAVID ERIC on Tuesday, January 2. $507,744 worth of athenahealth, Inc. (NASDAQ:ATHN) shares were bought by IMMELT JEFFREY R. The insider Haley Daniel P sold $157,765. $420,596 worth of athenahealth, Inc. (NASDAQ:ATHN) was sold by O’Brien Timothy John on Thursday, March 1.

The stock increased 2.16% or $3.24 during the last trading session, reaching $153.25. About 338,493 shares traded. athenahealth, Inc. (NASDAQ:ATHN) has risen 26.77% since May 22, 2017 and is uptrending. It has outperformed by 15.22% the S&P500.

Raytheon Company develops technologically integrated products, services, and solutions worldwide. The company has market cap of $61.46 billion. It operates through five divisions: Integrated Defense Systems ; Intelligence, Information and Services (IIS); Missile Systems (MS); Space and Airborne Systems (SAS); and Forcepoint. It has a 30.8 P/E ratio. The IDS segment provides integrated air and missile defense; land and sea radar solutions; command, control, communications, computers, cyber, and intelligence solutions; and naval combat and ship electronic systems.

Investors sentiment decreased to 1.09 in Q4 2017. Its down 0.12, from 1.21 in 2017Q3. It dived, as 36 investors sold Raytheon Company shares while 374 reduced holdings. 106 funds opened positions while 340 raised stakes. 202.53 million shares or 1.45% less from 205.51 million shares in 2017Q3 were reported. Usca Ria Limited Liability Company holds 0.26% or 12,403 shares. 29,510 are held by Argyle Mngmt Incorporated. Azimuth Cap Limited Liability Com holds 18,249 shares. Cornerstone Cap Management Ltd owns 0.08% invested in Raytheon Company (NYSE:RTN) for 62,100 shares. Deroy And Devereaux Private Counsel reported 89,020 shares. Point72 Asset Mngmt L P holds 0.1% or 129,400 shares in its portfolio. Guardian Cap L P owns 111,019 shares for 0.31% of their portfolio. Trexquant Investment Limited Partnership invested in 5,725 shares or 0.12% of the stock. Gotham Asset Mngmt Limited Liability Company has invested 0.01% in Raytheon Company (NYSE:RTN). Rathbone Brothers Public Limited Liability accumulated 49,397 shares. Altfest L J & owns 0.25% invested in Raytheon Company (NYSE:RTN) for 3,494 shares. Scholtz & Limited Liability Corp, Connecticut-based fund reported 18,252 shares. Pnc Svcs Gp Inc reported 1.02 million shares. Plante Moran Advisors Limited stated it has 365 shares or 0.04% of all its holdings. Magnetar Limited Liability stated it has 0.04% of its portfolio in Raytheon Company (NYSE:RTN).

The stock increased 1.37% or $2.89 during the last trading session, reaching $213.95. About 1.20M shares traded. Raytheon Company (NYSE:RTN) has risen 42.32% since May 22, 2017 and is uptrending. It has outperformed by 30.77% the S&P500.

Among 21 analysts covering Raytheon Company (NYSE:RTN), 17 have Buy rating, 1 Sell and 3 Hold. Therefore 81% are positive. Raytheon Company has $26200 highest and $118 lowest target. $211.39’s average target is -1.20% below currents $213.95 stock price. Raytheon Company had 80 analyst reports since July 28, 2015 according to SRatingsIntel. RBC Capital Markets maintained Raytheon Company (NYSE:RTN) rating on Friday, April 6. RBC Capital Markets has “Buy” rating and $26200 target. As per Thursday, August 10, the company rating was maintained by Cowen & Co. The company was maintained on Monday, July 24 by Jefferies. The firm has “Outperform” rating by Bernstein given on Monday, October 30. Deutsche Bank maintained Raytheon Company (NYSE:RTN) rating on Friday, October 28. Deutsche Bank has “Hold” rating and $145 target. The firm earned “Top Pick” rating on Friday, April 29 by RBC Capital Markets. The stock of Raytheon Company (NYSE:RTN) earned “Buy” rating by Wells Fargo on Tuesday, November 28. The firm has “Buy” rating by Jefferies given on Monday, January 8. The stock of Raytheon Company (NYSE:RTN) has “Outperform” rating given on Thursday, January 12 by RBC Capital Markets. Bank of America upgraded Raytheon Company (NYSE:RTN) on Tuesday, August 1 to “Buy” rating.

Since January 2, 2018, it had 1 insider purchase, and 19 insider sales for $31.41 million activity. Kremer Wesley D sold $2.03 million worth of Raytheon Company (NYSE:RTN) on Wednesday, March 28. $116,758 worth of stock was sold by Wood Michael J on Friday, March 23. $2.80M worth of Raytheon Company (NYSE:RTN) was sold by Lawrence Taylor W on Tuesday, February 13. RHOADS REBECCA R also sold $2.56M worth of Raytheon Company (NYSE:RTN) on Monday, April 2. Another trade for 3,405 shares valued at $718,217 was made by Jimenez Frank R on Monday, January 29. Long Letitia A sold $120,790 worth of Raytheon Company (NYSE:RTN) on Tuesday, January 2. $9.67M worth of Raytheon Company (NYSE:RTN) shares were sold by Kennedy Thomas A.

Analysts await Raytheon Company (NYSE:RTN) to report earnings on July, 26. They expect $2.31 EPS, up 16.67% or $0.33 from last year’s $1.98 per share. RTN’s profit will be $663.55 million for 23.15 P/E if the $2.31 EPS becomes a reality. After $2.20 actual EPS reported by Raytheon Company for the previous quarter, Wall Street now forecasts 5.00% EPS growth.

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