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Veradigm (NASDAQ:MDRX) Shares Gap Up - Here's Why

Veradigm logo with Business Services background

Shares of Veradigm Inc. (NASDAQ:MDRX - Get Free Report) gapped up prior to trading on Wednesday . The stock had previously closed at $4.25, but opened at $4.75. Veradigm shares last traded at $4.75, with a volume of 2,877 shares traded.

Wall Street Analyst Weigh In

A number of brokerages recently issued reports on MDRX. Stephens raised their target price on Veradigm from $7.00 to $13.00 and gave the stock an "equal weight" rating in a research note on Friday, January 31st. Wall Street Zen began coverage on Veradigm in a research note on Tuesday, May 20th. They issued a "hold" rating for the company.

Check Out Our Latest Stock Report on MDRX

Veradigm Stock Performance

The stock has a 50 day simple moving average of $4.25 and a two-hundred day simple moving average of $6.72.

Veradigm Company Profile

(Get Free Report)

Veradigm Inc, a healthcare technology company, provides information technology solutions and services to healthcare organizations in the United States, Canada, and internationally. It offers electronic health records (EHR), information connectivity, private cloud hosting, outsourcing, analytics, patient access, and population health management solutions.

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