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Amwell price target raised to $6.50 from $6 at Morgan Stanley

Morgan Stanley raised the firm’s price target on Amwell (AMWL) to $6.50 from $6 and keeps an Equal Weight rating on the shares. Revenue upside in the quarter and tighter cost controls “mark a solid start to the year, admittedly against low investor expectations,” the analyst says in a post-earnings note.

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