In a report released yesterday, Lisa Gill from J.P. Morgan maintained a Hold rating on InnovAge Holding (INNV – Research Report), with a price target of $5.00. The company’s shares closed last Thursday at $4.56, close to its 52-week low of $3.46.
According to TipRanks.com, Gill is a 5-star analyst with an average return of 16.0% and a 61.7% success rate. Gill covers the Healthcare sector, focusing on stocks such as Aveanna Healthcare Holdings, Alignment Healthcare, and Bright Health Group.
Currently, the analyst consensus on InnovAge Holding is a Hold with an average price target of $5.92.
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The company has a one-year high of $27.18 and a one-year low of $3.46. Currently, InnovAge Holding has an average volume of 815.2K.
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InnovAge Holding Corp is a healthcare delivery platform by several participants focused on providing all-inclusive, capitated care to high-cost, dual-eligible seniors. Its patient-centered care delivery approach improves the quality of care while keeping them in their homes and reducing over-utilization of high-cost care settings such as hospitals and nursing homes.
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