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Morgan Keegan is out with its report today on athenahealth
ATHN, maintaining Outperform.
In a note to clients, Morgan Keegan writes, "While ATHN has shown a willingness to ramp sales and marketing spend as a percentage of revenue to sustain its 30% top line growth, we believe the company should not have to do that beyond 2011."
Morgan Keegan maintains a $60 PT on ATHN.
Shares of ATHN closed Tuesday at $41.04.
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