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Shares of MedAssets (MDAS +19.8%) power forward against a weak tape after easily beating on its...

Shares of MedAssets (MDAS +19.8%) power forward against a weak tape after easily beating on its Q2 top and bottom line. The company also raised guidance, now seeing its FY12 EPS between $1.05 - $1.13 on revenue of around $620M - $630M. Street estimates are for an EPS of $1.06 on revenue of $608M. Raymond James ups the shares to Strong Buy on the back of the strong result.

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