Evolent Health is a technology company that provides healthcare services and solutions to payers, providers, and patients. The company was founded in 2010 and is headquartered in Dallas, Texas.
On Friday, Oppenheimer Equities initiated coverage on shares of Evolent Health NYSEEVH with an "outperform" rating and a price target of $45.00. This means that the firm believes that the stock will outperform the broader market and recommends buying it at this price.
The price objective set by Oppenheimer indicates a potential upside of 30.78% from the stock's previous closing price. This is based on the firm's analysis of the company's financial performance, growth prospects, and competitive position in the healthcare technology market.
It's worth noting that this research report was issued by Oppenheimer Equities, which is a leading global investment bank and financial services provider. The firm has a team of experienced equity researchers who provide comprehensive coverage on a wide range of publicly traded companies across various industries.
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