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Fly News Breaks for February 4, 2019
EHTH
Feb 4, 2019 | 07:10 EDT
Evercore ISI analyst Ross Muken initiated eHealth with an Outperform rating and $75 price target. In a research note to investors, Muken says that after a challenging period post-ACA, the company's new management has successfully pivoted the strategy toward Medicare, positioning eHealth as a "unique ecommerce marketplace" and pricing transparency tools within healthcare. He sees eHealth as uniquely positioned to be a dominant player in the consumer centric healthcare revolution, and sees a path to $1B in revenue over the next decade.
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