Maxim Group Lowers Price Target on Quality Systems (QSII)
Analysts at Maxim Group decreased their price target on shares of Quality Systems (NASDAQ: QSII) from $50.00 to $45.00 in a research report issued to clients and investors on Friday. The firm currently has a “buy” rating on the stock.
A number of other firms have also recently commented on QSII. Analysts at Morgan Stanley (NYSE: MS) downgraded shares of Quality Systems from an “overweight” rating to an “equal weight” rating in a research note to investors on Thursday, April 5th. Analysts at Credit Suisse (NYSE: CS) initiated coverage on shares of Quality Systems in a research note to investors on Monday, March 12nd. They set a “neutral” rating and a $47.00 price target on the stock.
Quality Systems opened at 30.03 on Friday. Quality Systems has a 52-week low of $33.08 and a 52-week high of $50.70. The company has a market cap of $1.771 billion and a price-to-earnings ratio of 22.24.
Quality Systems, Inc. develops and markets healthcare information systems that automate certain aspects of medical and dental practices, networks of practices, such as physician hospital organizations (PHOs) and management service organizations (MSOs), ambulatory care centers, community health centers, and medical and dental schools.