D.A. Davidson analyst Robert Simmons, CFA reiterated a Buy rating on Accolade (ACCD – Research Report) today and set a price target of $16.00. The company’s shares closed yesterday at $9.75.
Simmons, CFA covers the Technology sector, focusing on stocks such as Workday, Smartsheet, and Asana. According to TipRanks, Simmons, CFA has an average return of -2.2% and a 38.78% success rate on recommended stocks.
In addition to D.A. Davidson, Accolade also received a Buy from Truist Financial’s Jailendra Singh in a report issued today. However, on the same day, Morgan Stanley maintained a Hold rating on Accolade (NASDAQ: ACCD).
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ACCD market cap is currently $737.4M and has a P/E ratio of -5.02.
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Accolade (ACCD) Company Description:
Accolade Inc offers technology-enabled solutions that help people better understand, navigate, and utilize the healthcare system and their workplace benefits. it generates revenue through providing personalized health guidance solutions to members.
Read More on ACCD:
- Accolade Announces Results for Fiscal Second Quarter 2024
- Accolade options imply 10.8% move in share price post-earnings
- Options Volatility and Implied Earnings Moves Today, October 04, 2023
- Options Volatility and Implied Earnings Moves This Week, October 03 – October 05, 2023
- Is ACCD a Buy, Before Earnings?
