Morgan Stanley (NYSE:MS) analyst Ricky Goldwasser maintained a Sell rating on Cerner Corp (NASDAQ:CERN) on Tuesday, setting a price target of $75, which is approximately 1.60% below the present share price of $76.22.
Goldwasser expects Cerner Corp to post earnings per share (EPS) of $0.11 for the third quarter of 2021.
The current consensus among 10 TipRanks analysts is for a Moderate Buy rating of shares in Cerner, with an average price target of $85.6.
The analysts price targets range from a high of $90 to a low of $75.
In its latest earnings report, released on 06/30/2021, the company reported a quarterly revenue of $1.46 billion and a net profit of $49.56 million. The company's market cap is $22.53 billion.
According to TipRanks.com, Morgan Stanley analyst Ricky Goldwasser is currently ranked with 5 stars on a 0-5 stars ranking scale, with an average return of 18.8% and a 67.48% success rate.
Founded in 1979, Missouri-based Cerner Corp. provides healthcare information technology solutions and tech-enabled services. The company offers an integrated clinical and financial system to help manage day-to-day revenue functions, as well as a wide range of services to support clinical, financial and operational needs.