JP Morgan and Morgan Stanley Upgrade Quality Systems (QSII)
On Thursday, analysts from both JP Morgan and Morgan Stanley raised their ratings on healthcare information systems company Quality Systems, Inc. (QSII).
Morgan Stanley upgraded QSII from an “Underweight” to an “Equal Weight” as a result of the Clinton deal.
JP Morgan raised its rating on QSII from “Underweight” to “Neutral,” and have given the company a $20 price target. This price target suggests that the stock will fall 12% from its current price of $22.71. Analysts view the company’s board changes as a positive move.
Quality Systems shares were up 89 cents, or 4.08% during Thursday morning trading. The stock is up 30% YTD.
The Bottom Line
Shares of Quality Systems, Inc. (QSII) have a 3.08% dividend yield, based on Thursday morning’s price of $22.76.
Quality Systems, Inc. (QSII) is not recommended at this time, holding a Dividend.com DARS™ Rating of 3.1 out of 5 stars.
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