Market Overview

UPDATE: Jefferies & Company Reiterates Buy Rating, Raises PT on HMS Holdings Corp.

Related HMSY
Endologix, Express, Rockwell Automation Lead After-Hours Movers To Close Holiday Week
Earnings Scheduled For November 6, 2015

In a report published Monday, Jefferies & Company reiterated its Buy rating on HMS Holdings Corp. (NASDAQ: HMSY), and raised its price target from $29.00 to $34.00.

Jefferies noted, “We hosted a series of meetings with CFO Walter Hosp. HMSY remains our top pick based on: (1) positive thematic momentum through 2013 with its growth leveraged to Medicaid expansion; (2) conservative 2013 guidance; (3) accelerating growth in '14 and '15; and (4) considerable investor interest in the stock. 4Q12 consensus has dropped since our upgrade, reflecting lower expectations discounted in the stock.”

HMS Holdings Corp. closed on Friday at $27.88.

Latest Ratings for HMSY

Aug 2015JefferiesMaintainsBuy
Aug 2015OppenheimerDowngradesOutperformPerform
Jul 2015Bank of AmericaDowngradesBuyNeutral

View More Analyst Ratings for HMSY
View the Latest Analyst Ratings

Posted-In: Jefferies & CompanyAnalyst Color Price Target Analyst Ratings


Related Articles (HMSY)

Get Benzinga's Newsletters