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up 246.00 %

ATHENAHEALTH INC (ATHN) rated Buy with price target $47 by Maxim Group

Posted on: Thursday,  Jul 23, 2009  8:25 AM ET by Maxim Group

Maxim Group rated Buy ATHENAHEALTH INC (NASDAQ: ATHN) on 07/23/2009, when the stock price was $38.89. Since
then, ATHENAHEALTH INC has gained 246.00% as of 11/17/2015's recent price of $134.56.
If you would have followed this Maxim Group's recommendation on ATHN, you would have gained 246% of your investment in 2308 days.

athenahealth, Inc. (athena) is a provider of Internet-based business services for physician practices. The Company's service offerings are based on four integrated components: its Internet-based software, its continually updated database of payer reimbursement process rules, its back-office service operations that perform administrative aspects of billing and clinical data management for physician practices, and its automated and live patient communication services. The Company?s principal offering, athenaCollector, automates and manages billing-related functions for physician practices and includes a medical practice management platform. The Company has also developed a service offering, athenaClinicals that automates and manages medical record-related functions for physician practices and includes an electronic medical record (EMR) platform. In October 2009, the Company completed the acquisition of Anodyne Health Partners, Inc.

At Maxim Group, our vision for equity research is to be a client’s first call for value-added research on companies not widely followed by Wall Street. Maxim’s premier niche is emerging-growth companies in a variety of sectors, including healthcare, technology, retail and others. As strong believers in fundamental research, our analysts utilize a “bottom up” approach to making investment recommendations. We combine rigorous financial analysis of specific companies and industries with due diligence that includes frequent consults with suppliers, customers, competitors and senior management. By applying these skills and techniques, we are able to offer our clients differentiated research.
Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
7/23/2009 8:25 AM Buy
38.89 47.00
as of 12/31/2009
1 Week down  -5.22 %
1 Month up  4.74 %
3 Months up  14.38 %
1 YTD up  12.85 %

(*) Stock Price at the time of the recommendation.
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