TruBridge price target raised to $13 from $11 at Cantor Fitzgerald

Cantor Fitzgerald raised the firm’s price target on TruBridge to $13 from $11 and keeps an Overweight rating on the shares following the Q2 earnings report. The firm remains bullish on TruBridge based on a substantially less steep back-half ramp, 20% EBITDA margins reiterated as the long-term goal, and management’s confidence in the back-half, the analyst tells investors in a research note.