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BofA Merrill announced Cerner (NASDAQ:CERN), boosting its stock price target to $67.00 today

Having a price of $62.02, Cerner (NASDAQ:CERN) traded 0.00% even on the day. The last stock price is up 6.94% relative to the 200-day moving average, compared to the S&P 500 which has decreased -0.01% over the same time. The company has registered a 50-day moving average of $64.66 and two hundred day average of $57.99. 0 shares of Cerner exchanged hands, down from ann avg. trading volume of 1,999,720

BofA Merrill bumped the price target of Cerner (NASDAQ:CERN) to $67, indicating a possible upside of 0.08%,

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Also covering Cerner’s target price, a total of 21 analysts have released a ratings update on CERN. The consensus target price is $64.05 with 12 analysts rating the stock a strong buy, eight analysts rating the stock a buy, four firms rating the stock a hold, 0 rating the stock to underperform, and lastly 0 analysts rating the company as sell.

With a market capitalization of $0.0, Cerner has a one-year low of $49.59 and a one-year high of $68.31 with a P/E ratio of 34.

Brief Synopsis About Cerner (NASDAQ:CERN)

Cerner Corporation is a supplier of healthcare information technology (HCIT). The Company offers a range of intelligent solutions and services that support the clinical, financial and operational needs of organizations. Its segments include Domestic and Global. The Domestic segment includes the business activity in the United States. The Global segment includes the business activity in Aruba, Australia, Austria, Belgium, Brazil, Canada, Cayman Islands, Chile, Denmark, Egypt, England, Finland, France, Germany, Guam, India, Ireland, Luxembourg, Malaysia, Mexico, Netherlands, Norway, Portugal, Qatar, Romania, Saudi Arabia, Singapore, Slovakia, Spain, Sweden, Switzerland and the United Arab Emirates. It offers software, hardware, professional and managed services. Its solutions are offered on the unified Cerner Millennium architecture and on the HealtheIntent cloud-based platform. Its solutions include Cerner ITWorks, Cerner RevWorks, PowerWorks and CommunityWorks, and among others.

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