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

Key Points

• Veradigm Inc.'s stock price increased from a previous close of $4.65 to open at $4.85 on Tuesday, with recent trading volume recorded at 461 shares.
• The company received a "hold" rating from Wall Street Zen, contributing to a consensus rating of "Hold" with an average price target set at $13.00.
• Veradigm is a healthcare technology company specializing in solutions such as electronic health records (EHR), analytics, and population health management for healthcare organizations across several regions.

Veradigm Inc. (NASDAQ:MDRX - Get Free Report)'s share price gapped up before the market opened on Tuesday . The stock had previously closed at $4.65, but opened at $4.85. Veradigm shares last traded at $4.85, with a volume of 461 shares traded.

Analysts Set New Price Targets

Separately, Wall Street Zen initiated coverage on shares of Veradigm in a report on Tuesday, May 20th. They set a "hold" rating for the company. One analyst has rated the stock with a Hold rating, According to data from MarketBeat, the company has a consensus rating of "Hold" and a consensus target price of $13.00.

Veradigm Price Performance

The stock has a fifty day simple moving average of $4.69 and a two-hundred day simple moving average of $4.61.

About Veradigm

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.