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Omada Health initiated with an Outperform at BMO Capital

BMO Capital initiated coverage of Omada Health (OMDA) with an Outperform rating and $27 price target A large under-penetrated total addressable market, recent roll-out of an enhanced GLP-1 companion program, AI investments, and increasing cross-selling momentum provides significant runway for continued revenue growth of 20%+ and expanding margins, the analyst tells investors in a research note.

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