UPDATE: Deutsche Bank Initiates Coverage on athenahealth with Buy Rating, $162 PT on Open-Ended Growth Story

In a report published Thursday, Deutsche Bank analyst George Hill initiated coverage on

with a Buy rating and $162.00 price target. In the report, Deutsche Bank noted, “We are initiating coverage on ATHN shares with a Buy rating. Athena is a leading provider of technology facilitated services to physician practices and other provider settings. We believe the company is one of the leading share takers in the healthcare IT space and has a significant market share and wallet share opportunity ahead of it. We believe that Athena is well positioned to capitalize on the Population Health opportunity with its AthenaClarity and Coordinator service offerings.” athenahealth closed on Wednesday at $125.73.