Cerner upgraded at Leerink Swann

|About: Cerner Corporation (CERN)|By:, SA News Editor

Leerink upgrades Cerner (CERN) to Outperform from Market Perform.

Cerner is likely to come in second to Epic in terms of win rate as "~21% of facilities may seek to replace their EMR vendor," Leerink says, adding that second place is probably fine in this case as "the market is large enough for CERN to continue to grow bookings at a steady rate for the next several years."

Price target: $56.

Another recent upgrade: Hilliard Lyons likes CERN.

CERN +1.4% premarket.