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HealthEquity price target lowered to $112 from $120 at Barrington

HealthEquity price target lowered to $112 from $120 at Barrington

Barrington analyst Alexander Paris lowered the firm’s price target on HealthEquity (HQY) to $112 from $120 and keeps an Outperform rating on the shares. The company recently reported Q3 results that topped expectations and raised its fiscal 2025 guidance, the analyst tells investors in a research note. However, the initial fiscal 2026 guidance was mixed, with revenue slightly below consensus expectations but adjusted EBITDA margins slightly ahead of consensus expectations, the firm adds.

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