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Fly News Breaks for June 7, 2019
HIIQ
Jun 7, 2019 | 08:54 EDT
Canaccord analyst Richard Close raised his estimates on Health Insurance Innovations following its acquisition of TogetherHealth. The analyst said the deal executes on its strategy to diversify the business by targeting the over-65 market. He said the diversification reduces exposure to the controversial short-term duration products. Close reiterated his Buy rating and $62 price target on Health Insurance Innovations shares.
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