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Fly News Breaks for December 13, 2018
HIIQ
Dec 13, 2018 | 14:40 EDT
B. Riley FBR analyst Randy Binner said he believes the $3.4M fine Health Insurance Innovations agreed to pay to settle a multistate investigation is in-line with investor expectations and he views this settlement as a positive that removes a significant overhang on the stock. He reiterates a Buy rating and $60 price target on Health Insurance Innovations, also citing its increased buyback authorization.
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