HealthStream price target raised to $24 from $22 at Canaccord

Canaccord raised the firm’s price target on HealthStream to $24 from $22 and keeps a Hold rating on the shares. The frm said there were many positives that came out of 3Q, with strong progress and growth in new platforms CredentialStream and ShiftWizard, but some of this performance was related to replacing existing legacy offerings for credentialing and scheduling that came through previous acquisitions.