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Fly News Breaks for April 26, 2019
EHTH
Apr 26, 2019 | 09:00 EDT
Craig-Hallum analyst George Sutton raised his price target for eHealth to $85 from $75 and maintained a Buy rating following the company's "sharply" better than expected quarterly results. In a research note to investors, Sutton says he believes that the long duration of potential growth in its Medicare business continues to be underestimated, and highlights that the company will retain more permanent reps throughout the year, which should likely lead to more productive reps during the OEP/AEP in Q4.
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