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Health Catalyst price target lowered to $8 from $12 at Piper Sandler

Health Catalyst price target lowered to $8 from $12 at Piper Sandler

Piper Sandler lowered the firm’s price target on Health Catalyst (HCAT) to $8 from $12 and keeps an Overweight rating on the shares following quarterly results. Despite the top-line drama, the firm thinks Health Catalyst can deliver $39.0M of adjusted EBITDA in 2025.

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