UBS analyst Kevin Caliendo raised the firm’s price target on Evolent Health (EVH) to $15 from $14 and keeps a Buy rating on the shares. Evolent Health has better visibility into its future financials and growth algorithm than it did just five months ago following the repricing and recontracting of its major customer contracts, the analyst tells investors in a research note. The first quarter was a first step toward regaining credibility with shareholders and UBS sees the risk-reward as positive.
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Read More on EVH:
- Evolent Health Reports Strong Q1 2025 Growth
- Evolent Health: Strong Financial Performance and Growth Potential Justify Buy Rating
- Evolent Health reports Q1 adjusted EPS 6c, consensus 10c
- Evolent Health sees Q2 revenue $440M-$470M, consensus $503.67M
- Evolent Health sees 2025 revenue $2.06B-$2.11B, consensus $2.07B