RBC Capital lowered the firm’s price target on Bright Health to $7 from $16 and keeps a Sector Perform rating on the shares. Liquidity remains the greatest concern as a result of outstanding risk adjustment obligations, the analyst tells investors in a research note.
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Read More on BHG:
- Bright Health sees 2023 revenue $1.14B-$1.19B, consensus $1.31B
- Bright Health reports Q3 EPS ($81.03), consensus ($3.53)
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