Wells Fargo analyst Stan Berenshteyn lowered the firm’s price target on Phreesia (PHR) to $25 from $30 and keeps an Overweight rating on the shares. The firm says network momentum, emerging HCP monetization, and potential to drive incremental cross-sell upside over time support a constructive outlook, but Wells sees limited paths for near-term upside surprises.
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Read More on PHR:
- Phreesia: Buy Rating Maintained on Long-Term Network and Subscription Growth Upside Despite Near-Term Multiple Compression
- Phreesia price target lowered to $19 from $22 at Mizuho
- Phreesia Secures New $275 Million Revolving Credit Facility
- Phreesia announces refinancing of bridge loan with $275M credit capacity
- Phreesia Adds Jon Kessler to Board of Directors
