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Phreesia price target raised to $36 from $35 at Truist

Truist raised the firm’s price target on Phreesia (PHR) to $36 from $35 and keeps a Buy rating on the shares following a post-quarter call with management to discuss its AccessOne, Q2 results, 2026 expectations, among other topics. The firm notes the company posted solid Q2 results, with in-line revenues and adjusted EBITDA ahead of consensus and raised its FY26 EBITDA guidance.

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