JP Morgan Maintains Overweight on HealthEquity, Raises Price Target to $108
Portfolio Pulse from Benzinga Newsdesk
JP Morgan analyst Anne Samuel has maintained an Overweight rating on HealthEquity (NASDAQ:HQY) and increased the price target from $86 to $108.
April 02, 2024 | 2:32 pm
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POSITIVE IMPACT
JP Morgan analyst Anne Samuel has reaffirmed HealthEquity's Overweight rating and raised the price target from $86 to $108.
The increase in price target by a reputable analyst like Anne Samuel from JP Morgan is a strong positive signal for HealthEquity. It suggests a bullish outlook on the company's future performance and potential for stock price appreciation. This kind of endorsement can lead to increased investor confidence and potentially drive up the stock price in the short term.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100