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Fly News Breaks for June 6, 2019
HIIQ
Jun 6, 2019 | 15:35 EDT
Cantor Fitzgerald analyst Steven Halper reiterated an Overweight rating on Health Insurance Innovations and raised his price target on shares to $80 from $75, after the company announced it had acquired TogetherHealth. The analyst believes the acquisition "should significantly expand" the company's addressable market to the over-65 market, which he noted is an attractive growth opportunity. Halper add that the deal would be accretive immediately.
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