Canaccord analyst Richard Close raised the firm’s price target on HealthStream (HSTM) to $30 from $29 and keeps a Hold rating on the shares. The firm said they reported a respectable quarter, with revenue above and adj-EBITDA only slightly below Canaccord and consensus estimates.
Don’t Miss TipRanks’ Half-Year Sale
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
- Make smarter investment decisions with TipRanks' Smart Investor Picks, delivered to your inbox every week.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on HSTM:
- HealthStream Reports Strong 2024 Financial Performance
- HealthStream: Hold Rating Amid Mixed Financial Performance and Near-Term Challenges
- HealthStream’s Hold Rating: Balancing Revenue Growth with Cautious Outlook
- HealthStream’s Promising Growth and Stable Financial Performance Justify Buy Rating
- HealthStream Reports 2024 Financial Results and Growth