BTIG analyst David Larsen maintained a Buy rating on Sharecare (SHCR – Research Report) on November 10 and set a price target of $5.00. The company’s shares closed last Friday at $1.68.
Larsen covers the Technology sector, focusing on stocks such as Signify Health, Sharecare, and Omnicell. According to TipRanks, Larsen has an average return of -12.1% and a 31.22% success rate on recommended stocks.
The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Sharecare with a $3.15 average price target, implying an 87.50% upside from current levels. In a report released on November 11, Canaccord Genuity also maintained a Buy rating on the stock with a $3.00 price target.
See Insiders’ Hot Stocks on TipRanks >>
Based on Sharecare’s latest earnings release for the quarter ending June 30, the company reported a quarterly revenue of $103.82 million and a GAAP net loss of $29.03 million. In comparison, last year the company earned a revenue of $98.46 million and had a GAAP net loss of $20.25 million
TipRanks has tracked 36,000 company insiders and found that a few of them are better than others when it comes to timing their transactions. See which 3 stocks are most likely to make moves following their insider activities.
Falcon Capital Acquisition Corp is a blank check company.
Read More on SHCR:
