KeyBanc upgraded Health Catalyst to Overweight from Sector Weight with a $16 price target, which represents 23% upside from current levels. The stock’s current valuation is "very attractive" given the early stages of improving fundamentals for Health Catalyst’s core hospital end markets, the analyst tells investors in a research note. The firm believes this should bode well for the company’s top- and bottom-line trends versus consensus expectations.
Published first on TheFly
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