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Fly News Breaks for July 13, 2017
HIIQ
Jul 13, 2017 | 07:25 EDT
Canaccord analyst Richard Close noted Health Insurance Innovations began selling health benefit insurance plans on its e-commerce website and he is encouraged by the positive potential impact it could have on 2018 results. Previously, the company had been selling the insurance plans by call center agents only. The new outlet should drive revenue growth and expand margins in 2018, said Close, who reiterated his Buy rating and $30 price target on Health Insurance Innovations.
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