eHealth price target raised to $7 from $5 at Craig-Hallum

Craig-Hallum analyst George Sutton raised the firm’s price target on eHealth (EHTH) to $7 from $5 and keeps a Buy rating on the shares. The firm says it came into this AEP season cautious, given what carriers were saying, what regulators had done and proposed and the realities of an advertising “crowding” out we anticipated for the start to the season. Craig-Hallum’s caution has proven too cautious and the political concerns it foresaw didn’t impact demand.