Market Overview

UPDATE: Stifel Nicolaus Upgrades WebMD Health Corp to Buy Following Q4 Beat

Related WBMD
Earnings Scheduled For August 5, 2014
Move, Inc. (MOVE) Jumps: Stock Moves 7.5% Higher - Tale of the Tape
WebMD Brightens Outlook As Sales Improve (Fox Business)

Stifel Nicolaus upgraded WebMD Health Corp (NASDAQ: WBMD) from Hold to Buy and announced a $26.00 price target.

Stifel Nicolaus commented, "We are upgrading shares of WebMD to Buy from Hold and establishing a $26 12-month price target, which is approximately 12.0x our 2014 adjusted EBITDA estimate of $90.2 million. We believe that pricing changes (greater choice and simplicity) implemented in 4Q12 suggest advertising trends are likely to improve. We expect traction in mobile to continue and provide a catalyst for a turnaround at WebMD."

WebMD Health Corp closed at $16.30 on Thursday.

Latest Ratings for WBMD

DateFirmActionFromTo
Aug 2014Raymond JamesMaintainsStrong Buy
Jul 2014Stifel NicolausUpgradesHoldBuy
Apr 2014Raymond JamesMaintainsStrong Buy

View More Analyst Ratings for WBMD
View the Latest Analyst Ratings

Posted-In: Stifel NicolausAnalyst Color Upgrades Analyst Ratings

 

Related Articles (WBMD)

Around the Web, We're Loving...

Partner Network

Get Benzinga's Newsletters