UPDATE: Morgan Stanley Upgrades Athenahealth to Equal-Weight; Balanced Risk/Rewards

Morgan Stanley raises its rating on Athenahealth ATHN from Underweight to Equal-weight as the company is well-positioned against near-term expectations. Morgan Stanley notes, "We are upgrading ATHN to EW (from UW) reflecting a balanced risk-reward of achievable near-term revenue expectations versus mid-term concerns around margins and valuation." ATHN closed at $ on Wednesday.