CERN - Watch for Continued Gains in Shares of Cerner Corporation (CERN)
Shares of Cerner Corporation (NASDAQ:CERN) traded today at $93.38, eclipsing its 52-week high. This new high was reached on below average trading volume as 1 million shares traded hands, while the average 30-day volume is approximately 6.2 million shares.
Cerner Corporation (NASDAQ:CERN) has potential upside of 47.3% based on a current price of $93.08 and analysts' consensus price target of $137.09.
Over the past year, Cerner Corporation has traded in a range of $67.96 to $93.38 and is now at $93.08, 37% above that low.
Cerner is a leading supplier of healthcare information technology solutions and tech-enabled services. The company is a long-standing market leader in the electronic health record industry, and along with rival Epic Systems corners a majority of the market for acute care EHR within health systems. The company is guided by the mission of the founding partners to provide seamless medical records across all healthcare providers to improve outcomes. Beyond medical records, the company offers a wide range of technology that supports the clinical, financial, and operational needs of healthcare facilities.
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