| 2019-04-16 16:52:22|
HMSY 16:52 04/16 04/16/19
Cantor upgrades HMS Holdings to Overweight on attractive risk/reward
Cantor Fitzgerald analyst Steven Halper upgraded HMS Holdings to Overweight from Neutral and raised his price target for the shares to $36 from $34. The analyst sees a more attractive risk/reward tradeoff following today's selloff. HMS has been posting "solid" sales growth and margin expansion, and that should continue, Halper tells investors in a research note. He sees the company's Total Population Management solution driving future revenue growth.