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BNFT

Benefitfocus

$35.30

0.7 (2.02%)

16:17
07/17/17
07/17
16:17
07/17/17
16:17

Benefitfocus names Jonathon Dussault as CFO, effective August 14

Benefitfocus announced that Robert Dahdah has been appointed to the newly created role of Executive Vice President of Global Sales and that Jonathon Dussault will join the company as CFO on August 14. Both Dahdah and Dussault bring extensive leadership experience to Benefitfocus as the company continues to expand its client base, introduce new solutions and simplify benefits management for employers, insurance carriers, brokers and employees. Most recently, Dussault served as Senior Vice President and Senior Finance Officer of WEX Health.

  • 03

    Aug

BNFT Benefitfocus
$35.30

0.7 (2.02%)

11/04/16
11/04/16
DOWNGRADE

Outperform
Benefitfocus downgraded to Outperform on 2017 headwinds at Raymond James
As previously reported, Raymond James downgraded Benefitfocus to Outperform and lowered its price target to $34 from $56. Analyst Brian Peterson said the Q3 report was solid but 2017 growth will be pressured by a number of headwinds including a shift in sales resources towards national accounts, lower than expected commissions with the BenefitStore product, and slower private exchange growth. Peterson remains constructive on shares given solid bookings momentum with large customers, EBITDA profitability reached in Q3, a quarter earlier than expected, and long-term growth drivers that remain intact.
01/06/17
CHDN
01/06/17
INITIATION
Target $36
CHDN
Buy
Benefitfocus initiated with a Buy at Chardan
Chardan analyst Steven Wardell initiated Benefitfocus with a Buy and a $36 price target.
02/07/17
BREN
02/07/17
INITIATION
Target $36
BREN
Buy
Benefitfocus initiated with a Buy at Berenberg
Berenberg analyst Robert Lamb initiated Benefitfocus with a Buy and a $36 price target.
06/01/17
WBLR
06/01/17
UPGRADE
WBLR
Outperform
Benefitfocus upgraded to Outperform from Market Perform at William Blair
William Blair analyst Adam Klauber upgraded Benefitfocus to Outperform citing the company's "strong" selling season.

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SNY

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