Thursday, June 14, 2012

Chart of the Day - AthenaHealth (ATHN)

The "Chart of the Day" is AthenaHealth (ATHN), which showed up on Tuesday's Barchart "All-Time High" list. AthenaHealth on Tuesday posted a new all-time high of $80.13 and closed up +4.90%. TrendSpotter has been long since last Friday at $78.05. In recent news on the stock, Wells Fargo on May 30 initiated coverage on AthenaHealth with an Outperform and a target of $85-90. Lazard Capital on May 23 initiated coverage on AthenaHealth with a Buy and a target of $87. AthenaHealth, with a market cap of $2.8 billion, is a leading provider of internet-based business services for physician practices.


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