Veradigm Inc (NASDAQ: MDRX) stock closed at $10.07 on 12/8/23 after a major decline of -20.0%. Moreover, exceptionally high trading volume at 847% of normal accompanied the decline. The stock has declined -12.3% during the last week but has been strong relative to the market over the last nine months.
Current PriceTarget Research Rating
MDRX’s future returns on capital are forecasted to be above the cost of capital. Accordingly, the company is expected to continue to be a modest Value Builder.
Veradigm has a current Value Trend Rating of B (Positive). With this rating, PTR’s two proprietary measures of a stock’s current attractiveness are providing consistent signals. Veradigm has a slightly positive Power Rating of 60 and a good Appreciation Score of 71, leading to the Positive Value Trend Rating.
Rating Review
In light of this highly negative price change we are reviewing our current Overall Rating of B. This review will be completed in the next several days.
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