Barclays lowered the firm’s price target on Computer Programs to $10 from $12 and keeps an Equal Weight rating on the shares. While the divestiture rebases fiscal 2024 estimates lower, the decision to hone the organizational focus and free up capital is a positive, the analyst tells investors in a research note.
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Read More on CPSI:
- PointClickCare acquires CPSI subsidiary American HealthTech, terms not disclosed
- Computer Programs divests American HealthTech subsidiary, terms undisclosed
- Computer Programs initiated with an Equal Weight at Barclays
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