GoodRx Holdings shares are trading higher after the company on Wednesday announced that it signed a new direct contracting agreement with Kroger. TD Cowen raised its price target on the stock form $14 to $16.
Portfolio Pulse from Benzinga Newsdesk
GoodRx Holdings shares are trading higher after announcing a new direct contracting agreement with Kroger. TD Cowen raised its price target on the stock from $14 to $16.
May 16, 2024 | 4:05 pm
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POSITIVE IMPACT
GoodRx Holdings shares are trading higher following the announcement of a new direct contracting agreement with Kroger. Additionally, TD Cowen raised its price target on the stock from $14 to $16.
The new direct contracting agreement with Kroger is likely to enhance GoodRx's business operations and revenue potential. The price target increase from TD Cowen further boosts investor confidence, leading to a positive short-term impact on the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100