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HCAT - Health Catalyst started at hold at Jefferies due to competition profitability concerns
Health Catalyst Inc
Jefferies has initiated coverage of Health Catalyst (NASDAQ:HCAT) with a hold amid concerns over growing competition and profitability. Analyst Glen Santangelo has a $48 price target (~17% upside). While Santangelo says the company's data and analytics platform provides a good value proposition, there are many factors that could stymie growth. Read about Health Catalyst's Q3 2021 earnings.