Cerner news cheers investors

March 12, 2010, 10:55 am by Healthcare IT News

Analysts are bullish after the investors meeting held Thursday by Cerner, the Kansas City maker of EMR and CPOE systems. "Overall we walked away with a greater level of conviction that Cerner 'gets it,' and will continue to gain marketshare in a rapidly evolving industry," wrote Piper Jaffray research analysts Sean W. Wieland and Mohan A. Naidu, who reiterated their "overweight rating" and $98 price target for the health IT giant.

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