WebMD Health Corp (NASDAQ:WBMD) was downgraded by BidaskClub from a “sell” rating to a “strong sell” rating in a research report issued on Thursday.

Other equities analysts have also issued research reports about the stock. Leerink Swann lowered shares of WebMD Health Corp from an “outperform” rating to a “market perform” rating and boosted their price target for the company from $60.00 to $66.50 in a report on Tuesday, July 25th. SunTrust Banks, Inc. lowered shares of WebMD Health Corp from a “buy” rating to a “hold” rating and boosted their price target for the company from $60.00 to $66.50 in a report on Tuesday, July 25th. Raymond James Financial, Inc. reissued a “market perform” rating and issued a $66.50 price target on shares of WebMD Health Corp in a report on Tuesday, July 25th. Citigroup Inc. lowered shares of WebMD Health Corp from a “buy” rating to a “neutral” rating and boosted their price target for the company from $62.00 to $66.50 in a report on Wednesday, July 26th. Finally, KeyCorp lowered shares of WebMD Health Corp to an “overweight” rating in a report on Wednesday, August 2nd. One investment analyst has rated the stock with a sell rating, six have assigned a hold rating and three have given a buy rating to the stock. The company currently has a consensus rating of “Hold” and an average target price of $65.25.

WebMD Health Corp (WBMD) remained flat at $66.32 during trading on Thursday. The company’s stock had a trading volume of 713,604 shares. The stock has a 50-day moving average price of $63.19 and a 200-day moving average price of $56.60. The stock has a market cap of $2.42 billion, a PE ratio of 33.96 and a beta of 0.78. WebMD Health Corp has a 1-year low of $48.10 and a 1-year high of $66.45.

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A number of large investors have recently bought and sold shares of the stock. Advisory Services Network LLC boosted its stake in WebMD Health Corp by 2.4% in the second quarter. Advisory Services Network LLC now owns 6,515 shares of the health services provider’s stock valued at $382,000 after buying an additional 150 shares in the last quarter. Public Employees Retirement System of Ohio boosted its stake in WebMD Health Corp by 11.1% in the second quarter. Public Employees Retirement System of Ohio now owns 1,959 shares of the health services provider’s stock valued at $115,000 after buying an additional 196 shares in the last quarter. Koch Industries Inc. boosted its stake in WebMD Health Corp by 11,780.9% in the second quarter. Koch Industries Inc. now owns 866,475 shares of the health services provider’s stock valued at $852,000 after buying an additional 859,182 shares in the last quarter. California State Teachers Retirement System boosted its stake in WebMD Health Corp by 34.7% in the second quarter. California State Teachers Retirement System now owns 124,361 shares of the health services provider’s stock valued at $7,294,000 after buying an additional 32,056 shares in the last quarter. Finally, Raymond James Financial Services Advisors Inc. boosted its stake in WebMD Health Corp by 16.8% in the second quarter. Raymond James Financial Services Advisors Inc. now owns 6,522 shares of the health services provider’s stock valued at $383,000 after buying an additional 938 shares in the last quarter. 89.87% of the stock is currently owned by institutional investors and hedge funds.

WebMD Health Corp Company Profile

WebMD Health Corp. is a provider of health information services. The Company provides its services to consumers, physicians and other healthcare professionals through its Websites, mobile applications and health-focused publications. Advertisers and sponsors use The WebMD Health Network to reach and engage healthcare professionals and consumers who are interested in healthy living, wellness, diseases and conditions, and other health-related topics.

Analyst Recommendations for WebMD Health Corp (NASDAQ:WBMD)

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