Evolent Health shares are trading higher after the company reported better-than-expected Q2 financial results. Also, Truist Securities upgraded the stock from Hold to Buy and raised its price target from $28 to $33.
Portfolio Pulse from Benzinga Newsdesk
Evolent Health shares are trading higher following better-than-expected Q2 financial results. Truist Securities upgraded the stock from Hold to Buy and raised its price target from $28 to $33.
August 09, 2024 | 11:57 am
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Evolent Health shares are trading higher after the company reported better-than-expected Q2 financial results. Truist Securities upgraded the stock from Hold to Buy and raised its price target from $28 to $33.
The better-than-expected Q2 financial results indicate strong performance, which is likely to boost investor confidence. The upgrade from Truist Securities and the increased price target further reinforce positive sentiment, likely driving the stock price higher in the short term.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100