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Research analysts at SunTrust began coverage on shares of Healthequity (NYSE:HQY) in a report released on Monday, TheFlyOnTheWall.com reports. The firm set a “buy” rating on the stock.

Healthequity (NYSE:HQY) opened at 20.46 on Monday. Healthequity has a 1-year low of $16.11 and a 1-year high of $21.48. The stock has a 50-day moving average of $18.75 and a 200-day moving average of $18.75. The company has a market cap of $1.015 billion and a P/E ratio of 137.14.

Separately, analysts at Raymond James initiated coverage on shares of Healthequity in a research note on Monday. They set an “outperform” rating on the stock.

HealthEquity, Inc is technology-enabled services platforms that enables consumers to make healthcare saving and spending decisions.

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