BUZZ-Truist starts Waystar coverage with 'buy' on demand for automation in healthcare

Reuters
03-14
BUZZ-Truist starts Waystar coverage with 'buy' on demand for automation in healthcare

** Brokerage Truist Securities starts coverage on healthcare payments software provider Waystar WAY.O with "buy" rating

** Brokerage sets PT at $45, a 27.6% upside to stock's last close

** Says WAY will benefit as healthcare providers automate software solutions to reduce administrative burden and improve efficiency

** Says co is likely to continue benefiting from the February 2024 ransomware attack on competitor Change Healthcare, a UnitedHealth Group UNH.N subsidiary

** "About 30% of the clients who switched to WAY due to the incident are already engaged in exploring additional software modules on the WAY platform," says brokerage

** All eleven brokerages covering the co rate the stock "buy" or higher; their median PT is $50 - LSEG

** Stock down ~4% YTD, as of last close

(Reporting by Ateev Bhandari in Bengaluru)

((Ateev.Bhandari@thomsonreuters.com;))

免责声明:投资有风险,本文并非投资建议,以上内容不应被视为任何金融产品的购买或出售要约、建议或邀请,作者或其他用户的任何相关讨论、评论或帖子也不应被视为此类内容。本文仅供一般参考,不考虑您的个人投资目标、财务状况或需求。TTM对信息的准确性和完整性不承担任何责任或保证,投资者应自行研究并在投资前寻求专业建议。

热议股票

  1. 1
     
     
     
     
  2. 2
     
     
     
     
  3. 3
     
     
     
     
  4. 4
     
     
     
     
  5. 5
     
     
     
     
  6. 6
     
     
     
     
  7. 7
     
     
     
     
  8. 8
     
     
     
     
  9. 9
     
     
     
     
  10. 10