Veradigm (NASDAQ:MDRX) Shares Gap Up - Time to Buy?

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 stock 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 changing hands.

Analyst Upgrades and Downgrades

Separately, Wall Street Zen started coverage on Veradigm in a report on Tuesday, May 20th. They issued a "hold" rating for the company. One investment analyst has rated the stock with a Hold rating, Based on data from MarketBeat, the stock currently has a consensus rating of "Hold" and an average price target of $13.00.

Veradigm Price Performance

The company has a 50-day simple moving average of $4.65 and a 200 day simple moving average of $4.61.

Veradigm Company Profile

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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