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HealthEquity initiated with an Overweight at Barclays

Barclays analyst Peter Warendorf initiated coverage of HealthEquity (HQY) with an Overweight rating and $118 price target The firm started the U.S healthcare technology and distribution industry with a neutral view. Barclays is most bullish on the drug distributors and has a more mixed view of the dental and healthcare information technology sub-sectors.

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