Morgan Keegan Maintains Outperform on athenahealth

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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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Posted In: Analyst ColorAnalyst RatingsathenahealthHealth CareHealth Care ServicesMorgan Keegan
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