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Fly News Breaks for August 6, 2019
HIIQ
Aug 6, 2019 | 07:28 EDT
Cantor Fitzgerald analyst Steven Halper reiterates an Overweight rating on Health Insurance Innovations with an $80 price target following the company's Q2 results. Revenue was below expectations, but reflected a change in estimated value due to terminated policies from Simple Health, Halper tells investors in a research note. With "another issue (Simple Health) now put to rest," and a "strong" expected ramp in Q4, Health Insurance shares are very attractive at current levels, says the analyst.
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