William Blair Reiterates Outperform Rating for HealthStream (HSTM)

HealthStream (NASDAQ:HSTM)‘s stock had its “outperform” rating reaffirmed by stock analysts at William Blair in a report issued on Tuesday.

A number of other equities research analysts have also recently issued reports on HSTM. Cantor Fitzgerald reiterated a “hold” rating and issued a $24.00 target price on shares of HealthStream in a research note on Monday. Zacks Investment Research cut HealthStream from a “buy” rating to a “hold” rating in a research note on Friday, November 10th. Needham & Company LLC reiterated a “hold” rating and issued a $26.00 target price on shares of HealthStream in a research note on Tuesday, October 24th. BidaskClub cut HealthStream from a “hold” rating to a “sell” rating in a research note on Wednesday, January 31st. Finally, Canaccord Genuity reiterated a “hold” rating and issued a $25.00 target price on shares of HealthStream in a research note on Monday, October 23rd. One equities research analyst has rated the stock with a sell rating, six have assigned a hold rating and three have assigned a buy rating to the stock. HealthStream currently has an average rating of “Hold” and a consensus price target of $24.83.

HealthStream (NASDAQ HSTM) opened at $22.23 on Tuesday. The company has a market cap of $716.39, a price-to-earnings ratio of 123.51, a price-to-earnings-growth ratio of 4.74 and a beta of 0.90. HealthStream has a 1-year low of $21.15 and a 1-year high of $31.53.

Hedge funds have recently bought and sold shares of the business. UBS Asset Management Americas Inc. bought a new stake in HealthStream in the second quarter valued at $205,000. Teacher Retirement System of Texas bought a new stake in shares of HealthStream during the fourth quarter valued at about $215,000. Municipal Employees Retirement System of Michigan raised its stake in shares of HealthStream by 59.5% during the third quarter. Municipal Employees Retirement System of Michigan now owns 9,570 shares of the technology company’s stock valued at $224,000 after purchasing an additional 3,570 shares in the last quarter. GSA Capital Partners LLP bought a new stake in shares of HealthStream during the third quarter valued at about $237,000. Finally, Virginia Retirement Systems ET AL bought a new stake in shares of HealthStream during the third quarter valued at about $264,000. Institutional investors own 73.99% of the company’s stock.

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About HealthStream

HealthStream, Inc (HealthStream) provides workforce, patient experience and provider solutions for healthcare organizations. The Company operates in three segments: HealthStream Workforce Solutions, HealthStream Patient Experience Solutions and HealthStream Provider Solutions. HealthStream’s products and services are organized into three segments: Workforce Solutions, Patient Experience Solutions, and Provider Solutions.

Analyst Recommendations for HealthStream (NASDAQ:HSTM)

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