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Omada Health price target raised to $24 from $21 at Barclays

Barclays raised the firm’s price target on Omada Health (OMDA) to $24 from $21 and keeps an Overweight rating on the shares. The company reported a solid revenue and EBITDA beat in its first quarter as a public company and set fiscal 2025 numbers higher than Street estimates, the analyst tells investors in a research note. The firm expects Omada’s higher membership growth trends to continue.

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