DA Davidson analyst Robert Simmons raised the firm’s price target on Accolade to $16 from $14 and keeps a Buy rating on the shares. The company’s Q4 results featured more margin than revenue upside, both in the quarter and in FY23 guidance, but this likely sets up Accolade well as it progresses through the year, the analyst tells investors in a research note.
Published first on TheFly
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- Accolade price target raised to $18 from $16 at Guggenheim
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