Thomas Weisel initates coverage of Allscripts (MDRX) with Outperform. The firm expects utilization of outpatient electronic medical record systems to grow as new technology replaces inefficient paper-based records.
SunTrust initiates Amedisys (AMED) with a Buy, target $46. The firm cites strong organic growth, meaningful acquisition opportunities, attractive geographic profile and solid near-term reimbursement outlook.
Unterberg Upgrades Diodes (DIOD) to Buy from Mkt Perform, target 45. The firm says that before year-end Diodes should benefit from integrated devices that incorporate analog ICs and discretes on the same package that will enable the co to pursue more proprietary sockets that are inherently more profitable.