|Bid||145.59 x 100|
|Ask||145.75 x 200|
|Day's Range||145.55 - 148.69|
|52 Week Range||90.11 - 149.55|
|PE Ratio (TTM)||286.67|
|Dividend & Yield||N/A (N/A)|
|1y Target Est||N/A|
If Apple was looking to plunge deeper into the digital health market, it might make sense for the California tech giant to buy Watertown-based athenahealth — at least according to one analyst. CNBC previously reported that Apple (AAPL) is working on ways to turn the iPhone into a way for patients to centrally manage their health data, with connection to a cloud-hosting platform. Citigroup analyst Garen Sarafian speculated this week that given that context, it would make a lot of sense for Apple to acquire athenahealth (ATHN).
Analyst actions on Friday included downgrades for Nike and Kroger, an upgrade for Celgene and price-target hikes for Lam Research and Athenahealth.
Massachusetts-based athenahealth is bolstering its electronic health record with a $63 million acquisition of Silicon Valley-based Praxify Technologies. The acquisition will bring the 80-person Palo Alto-based company into athenahealth (ATHN), and will also integrate Praxify's electronic health technologies into athenahealth’s cloud platform. Click here to get the free TechFlash Silicon Valley newsletter.