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Fly News Breaks for March 4, 2020
BNFT
Mar 4, 2020 | 06:54 EDT
Cantor Fitzgerald analyst Steven Halper lowered the firm's price target on Benefitfocus to $25 from $47 and reiterates an Overweight rating on the shares. 2019 was not a great year for the company, and its 2020 guidance is "somewhat mixed," Halper tells investors in a post-earnings research note. However, despite the lower price target, the analyst believes the shares are compelling at current levels.
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