Raymond James raised the firm’s price target on HealthEquity to $95 from $90 and keeps an Outperform rating on the shares. The price target increase reflects HealthEquity’s leverage to elevated interest rates, which should benefit revenue growth through FY26, the analyst tells investors in a research note.
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- HealthEquity price target raised to $88 from $85 at Deutsche Bank
- HealthEquity price target raised to $93 from $89 at Wells Fargo
- HealthEquity sees FY25 revenue $1.14B-$1.16B, consensus $1.13B
- HealthEquity raises FY24 EPS view to $2.08-$2.16 from $1.97-$2.06
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