Sharecare named Top Pick for first half of 2023 at BTIG

BTIG analyst David Larsen names Sharecare (SHCR) as his BTIG Top Pick for first half of 2023, replacing HealthEquity (HQY) on that list. Expectations for the stock are low and the potential for positive surprises is high, the analyst tells investors in a research note, adding he believes that the sale of the company’s Consumer or Provider Divisions will happen within the next 6 months and the announced deal price may surprise to the upside. Larsen has a Buy rating and a $5.00 price target on the stock.