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Fly News Breaks for July 29, 2019
EHTH
Jul 29, 2019 | 05:00 EDT
First Analysis analyst Frank Sparacino upgraded eHealth to Strong Buy from Outperform and raised his price target for the shares to $136 from $106. The analyst cites "another strong quarter and an increased 2019 outlook" for the upgrade, which he notes included the company's core Medicare business growing 51%-58% versus initial projections of 22%-29% growth compared to 2018. He calls eHealth the "leading private online health insurance exchange focused on the Medicare market."
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