Quality Systems, Inc. Board of Directors Approves Sale of NextGen Healthcare Hospital Solutions Division

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Leerink Partners Raises Price Target on Quality Systems (QSII) Following 7c EPS Beat

October 23, 2015 8:44 AM EDT

Leerink Partners reiterated a Market Perform rating on Quality Systems (NASDAQ: QSII), and raised the price target to $15.00 (from $14.00), following the company''s 2Q15 earnings results. QSII reported revenue of $125.4M, roughly in-line with consensus of $124.8M. Adjusted EPS of $0.21 was well ahead of consensus of $0.14.

Analyst David Larsen commented, "This... More