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Phreesia price target lowered to $30 from $34 at Baird
The Fly

Phreesia price target lowered to $30 from $34 at Baird

Baird analyst Joe Vruwink lowered the firm’s price target on Phreesia (PHR) to $30 from $34 and keeps an Outperform rating on the shares. The firm said they delivered inline revenue growth as step change in profitability continues to take center stage, with outlook for FY25 (Jan) EBITDA again moving higher; revenue was narrowed and in-line with estimates.

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