Market Overview

Stifel Upgrades eHealth

Share:

Stifel upgraded eHealth, Inc. (NASDAQ: EHTH) on Tuesday from Sell to Hold. EHealth is an online source of health insurance for individuals, families and small businesses.

Analysts at Stifel wrote, “Given the strong eHealth share price weakness, we believe many investors seem to be trying to establish a fair value for eHealth. In our view, fair value likely falls in the $8 to $10 range… We note that eHealth must generate a significant amount of submitted apps in 1Q14 in order to return to the levels of estimated IFP membership exhibited at the beginning of FY14."

Stifel notes that eHealth must increase the number of applications to become a member of The Health Connect Individual and Family Plan (IFP) which is critical to the company's success selling their insurance. However, Stifel goes on to say that, “We believe investors should exercise caution given the company's poor 4Q14 performance in an environment that should support strong submitted application activity."

Shares of eHealth recently traded at $10.62, up 11 percent.

Latest Ratings for EHTH

DateFirmActionFromTo
Sep 2020Goldman SachsInitiates Coverage OnBuy
Sep 2020SVB LeerinkUpgradesMarket PerformOutperform
Jul 2020Raymond JamesMaintainsOutperform

View More Analyst Ratings for EHTH
View the Latest Analyst Ratings

 

Related Articles (EHTH)

View Comments and Join the Discussion!

Posted-In: StifelAnalyst Color Upgrades Analyst Ratings

Latest Ratings

StockFirmActionPT
HYMCBMO CapitalInitiates Coverage On
DEMorgan StanleyMaintains335.0
SBNYRaymond JamesMaintains138.0
CORTHC Wainwright & Co.Maintains32.0
CYBBFCitigroupDowngrades
View the Latest Analytics Ratings
Don't Miss Any Updates!
News Directly in Your Inbox
Subscribe to:
Benzinga Premarket Activity
Get pre-market outlook, mid-day update and after-market roundup emails in your inbox.
Market in 5 Minutes
Everything you need to know about the market - quick & easy.
Fintech Focus
A daily collection of all things fintech, interesting developments and market updates.
Thank You

Thank you for subscribing! If you have any questions feel free to call us at 1-877-440-ZING or email us at vipaccounts@benzinga.com