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Health Catalyst price target lowered to $5 from $6 at Wells Fargo

Wells Fargo analyst Stan Berenshteyn lowered the firm’s price target on Health Catalyst (HCAT) to $5 from $6 and keeps an Equal Weight rating on the shares. The firm notes that Q3 slightly beat on one-offs, while 2025 was reaffirmed. Wells is “a bit more cautious” on 2026 EBITDA, but still sees meaningful progression.

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