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Fly News Breaks for August 17, 2018
HIIQ
Aug 17, 2018 | 08:23 EDT
Cantor Fitzgerald analyst Steven Halper said the departure of two founders of HalthPocket is not a surprise or a concern given the recent struggles at its captive eCommerce site, agilehealthinsurance.com. Health Insurance Innovations will continue to operate the site, and management believes that the proper incentives are in place for agile to grow faster, the analyst wrote. Halper expects strong Q4 performance as more individuals purchase short-term medical plans during the open enrollment period for ACA plans and said shares remain inexpensive. Halper rates Health Insurance Innovations an Overweight with a $65 price target.
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