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Phreesia price target lowered to $29 from $32 at JPMorgan

JPMorgan analyst Alexei Gogolev lowered the firm’s price target on Phreesia (PHR) to $29 from $32 and keeps an Overweight rating on the shares. The company reported “solid” fiscal Q3 results but lowered its organic growth guidance on a more measured Network Solutions outlook, the analyst tells investors in a research note.

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