1. Activist Investor Jeff Smith: There is a 'Huge' Value Opportunity in Cerner

    Activist Investor Jeff Smith: There is a 'Huge' Value Opportunity in Cerner

    Shares of Cerner are up 20% this year but the medical records company can still rise much further as it is still cheap, activist investor Jeff Smith said Tuesday. Smith, the CEO of Starboard Value, told CNBC's David Faber the company can expand its operating margins by about 3.5% if it meets certain targets the activist investor helped Cerner implement. "The market is not giving them credit for those targets. We believe those targets are achievable," Smith said...

    Read Full Article

    Login to comment.

  1. Categories

    1. BoardProspects Features:

      BoardBlogs, BoardKnowledge, BoardMoves, BoardNews, BoardProspects Announcements, BoardProspects CEO, CEO Blog, In the News, Partner Publications, Sponsored Content
  2. Quotes

    1. The market is not giving them credit for those targets. We believe those targets are achievable.
    2. We were able to reach a very constructive agreement with them.
  3. Topics Mentioned