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BHG News and Press, Bright Health Group Inc. From 02/02/22

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Company Name: Bright Health Group Inc.
Stock Symbol: BHG
Market: NYSE

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BHG - Clover Health gains as Cowen upgrade more than doubling the price target

Clover Health Investments (CLOV +4.1%) has extended gains for the fourth straight session after Cowen upgraded the health insurer to Market Perform from Underperform, noting the weakness in company shares. The price target raised to $7 from $3 per share implies a premium of ~151% to the last ...

BHG - Bright Health Group Increases Bright HealthCare Membership Guidance for 2022

Now Serving Over 1 Million Health Plan Lives Bright Health Group, Inc. ("Bright Health Group," the "Company," “we,” or “our”) (NYSE: BHG), the first technology-enabled fully aligned system of care, built for healthcare's consumer retail market...

BHG - Bright Health Group Announces Participation in J.P. Morgan Healthcare Conference

Bright Health Group, Inc. ("Bright Health Group" or the "Company") (NYSE: BHG), the first technology-enabled fully aligned system of care, built for healthcare's consumer retail market, today announced that Mike Mikan, President and CEO, and Cathy Smith, Chief Financial and Administrati...

BHG - Bright Health Group Announces Closing of $750 Million Capital Raise to Support Continued Growth

Bright Health Group, Inc. ("Bright Health Group" or the "Company") (NYSE: BHG), the first technology-enabled fully aligned system of care, built for healthcare's consumer retail market, today announced the closing of its previously announced offering of Series A convertible perpetual pr...

BHG - Beware of These 2 Recently Downgraded Healthcare Stocks

The healthcare sector has traditionally been a safe haven for investors, providing consistent returns. And, with ongoing medical advancements and rising demand for healthcare services, the industry is expected to continue growing. However, we believe investors should avoid healthcare stocks O...

BHG - Novavax, Vir among healthcare gainers, Pfizer posts best rally in a decade

The healthcare stocks in the S&P 500 with a ~2.5% gain outperformed all other sectors in the broader index thanks mainly to M&A prospects. Healthcare technology, along with names battling the resurgence of COVID-19, led the gainers while the overall index fell ~1.9%. Am...

BHG - UnitedHealth, Anthem win Buy ratings as Goldman Sachs begins coverage on managed care

Citing a positive outlook for the managed care space, Goldman Sachs has initiated its coverage on 10 companies in the subsector, issuing Buy ratings for five of them, including UnitedHealth (NYSE:UNH) and Anthem (NYSE:ANTM). For the next two years, the analysts Nathan Rich and Lindsay Golub e...

BHG - Moderna, BioNTech among healthcare laggards this week amid early Omicron data

As early lab results on the vaccine effectiveness against the Omicron variant started to emerge, COVID-19 vaccine stocks led by BioNTech (NASDAQ:BNTX) and Moderna (NASDAQ:MRNA) sank this week, dragging the NASDAQ Biotechnology Index (NASDAQ:IBB) for the second consecutive week. However, the h...

BHG - INFI, VYNE and RSLS among premarket gainers

Context Therapeutics (NASDAQ:CNTX) +25% on positive ONA-XR data in early breast cancer study. American Virtual Cloud Technologies (NASDAQ:AVCT) +25% Kandy and Braidio announce expanded partnership to accelerate the delivery of digital transformation as a service solutions. Ener...

BHG - Why Bright Health Group's Shares Are Up 29.5% This Week

Shares of insurtech start-up Bright Health Group (NYSE: BHG) rose 29.5% this week, according to data from S&P Global Market Intelligence . The shares, which closed at $3.36 on Friday, rose to a high of $4.66 on Wednesday. The company's stock just had an initial public offeri...

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