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SVB Securities Sticks to Their Hold Rating for Clover Health Investments (CLOV)

SVB Securities analyst Research Report) on August 9 and set a price target of $3.00. The company’s shares closed yesterday at $3.07.

According to TipRanks, Mayo is a 5-star analyst with an average return of 9.8% and a 57.80% success rate. Mayo covers the Healthcare sector, focusing on stocks such as Universal Health, Amedisys, and Tenet Healthcare.

In addition to SVB Securities, Clover Health Investments also received a Hold from Citigroup’s Jason Cassorla in a report issued on August 9. However, on the same day, Credit Suisse maintained a Sell rating on Clover Health Investments (NASDAQ: CLOV).

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CLOV market cap is currently $1.32B and has a P/E ratio of (3.25).

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Clover Health Investments Corp is a healthcare technology company. It uses its proprietary technology platform to collect, structure, and analyze health and behavioral data to improve medical outcomes and lower costs for patients.

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