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HealthEquity price target raised to $117 from $110 at Citizens JMP

Citizens JMP raised the firm’s price target on HealthEquity (HQY) to $117 from $110 and keeps an Outperform rating on the shares. HealthEquity reported Q1 results and increased the lower end of its fiscal 2026 revenue outlook and adjusted EPS view, the analyst tells investors in a research note. The firm believes that enhanced security measures will prove successful at neutralizing fraud.

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