William Blair analyst Ryan Daniels has maintained their bullish stance on HCAT stock, giving a Buy rating on August 29.
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Ryan Daniels has given his Buy rating due to a combination of factors that emerged from the Healthcare Analytics Summit 2025. The event, which was well-attended by a diverse group of professionals, reinforced the value proposition and mission of Health Catalyst. Despite some short-term challenges such as Medicaid funding pressures, the long-term growth outlook remains favorable.
Daniels was particularly impressed by the strong corporate culture and the positive client feedback regarding Health Catalyst’s products and services. The company’s integrated offering of technology and professional services was highlighted as a significant advantage. Additionally, Health Catalyst’s role as an industry thought leader in leveraging data and analytics, alongside the growth of artificial intelligence, positions it well for future success.
In another report released on August 29, Canaccord Genuity also maintained a Buy rating on the stock with a $5.00 price target.