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Stock Market & Financial Investment News

News Breaks
May 1, 2013
16:18 EDTMDASMedAssets sees FY13 adjusted EPS $1.22-$1.32, consensus $1.29
Sees FY13 revenue $670M-$684M, consensus $680.2M.
News For MDAS From The Last 14 Days
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July 21, 2015
10:01 EDTMDASOn The Fly: Analyst Downgrade Summary
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06:04 EDTMDASMedAssets downgraded to Market Perform from Outperform at Cowen
Cowen downgraded MedAssets to Market Perform and lowered its price target to $22 from $25. The firm believes shares reflect optimism around a transformative corporate event such as a split between the SCM and RCM segments, that is less likely to happen.
July 14, 2015
10:01 EDTMDASOn The Fly: Analyst Downgrade Summary
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06:41 EDTMDASMedAssets downgraded to Hold from Buy at Evercore ISI
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05:55 EDTMDASMedAssets downgraded to Hold from Buy at Evercore ISI
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July 13, 2015
05:55 EDTMDASMedAssets estimates lowered on St. Barnabas loss at Piper Jaffray
Piper Jaffray notes MedAssets lost the GPO business of St. Barnabas, a 2,700 bed health system in New Jersey, to competitor Healthtrust Purchasing Group, effective September 1. Piper estimates the contract is worth up to $8M per year to MedAssets. The firm lowered its estimates for the company and sees the potential for further contract losses given the management turnover. It reiterates an Underweight rating on MedAssets with a $15 price target.

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