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Fly News Breaks for October 30, 2017
EHTH
Oct 30, 2017 | 09:10 EDT
SunTrust analyst Tobey Sommer raised his price target on eHealth to $30, saying the company enters annual Medicare enrollment with a higher quality sales organization, more cost-efficient demand generation channels, and an expanded plan inventory. Sommer keeps his Buy rating, also citing the new ASC 606 Revenue Accounting Recognition Standard effective January 1st, which will allow the company to book the entire lifetime Medicare revenue at the time of a customer enrollment.
News For EHTH From the Last 2 Days
EHTH
Apr 18, 2024 | 08:03 EDT
Still expects 2024 GAAP net income ($40M)-($20M) and adjusted EBITDA ($5M)-$20M.