Talkspace price target raised to $3 from $2.50 at Barclays

Barclays analyst Stephanie Davis raised the firm’s price target on Talkspace to $3 from $2.50 and keeps an Equal Weight rating on the shares. The shares were up 14% on a solid Q4 print across the board, the analyst tells investors in a research note. The firm is now incrementally more positive on management’s execution.