Veradigm (NASDAQ:MDRX) Shares Gap Up – Still a Buy?

Veradigm Inc. (NASDAQ:MDRXGet Free Report) shares gapped up prior to trading on Tuesday . The stock had previously closed at $5.30, but opened at $5.50. Veradigm shares last traded at $5.10, with a volume of 10,742 shares traded.

Wall Street Analysts Forecast Growth

A number of analysts recently commented on MDRX shares. StockNews.com assumed coverage on Veradigm in a research report on Thursday. They set a “hold” rating for the company. Stephens raised their price objective on Veradigm from $7.00 to $13.00 and gave the stock an “equal weight” rating in a research note on Friday, January 31st.

Read Our Latest Report on MDRX

Veradigm Stock Performance

The company’s 50-day moving average price is $8.70 and its 200 day moving average price is $9.36.

About Veradigm

(Get Free Report)

Veradigm Inc, a healthcare technology company, provides information technology solutions and services to healthcare organizations in the United States, Canada, and internationally. It offers electronic health records (EHR), information connectivity, private cloud hosting, outsourcing, analytics, patient access, and population health management solutions.

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