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Chardan Capital Markets Starts Catasys (CATS) at Buy

March 6, 2015 8:13 AM EST
Get Alerts CATS Hot Sheet
Price: $25.95 --0%

Rating Summary:
    5 Buy, 0 Hold, 0 Sell

Rating Trend: = Flat

Today's Overall Ratings:
    Up: 0 | Down: 0 | New: 0
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Chardan Capital Markets initiates coverage on Catasys (OTC: CATS) with a Buy rating and a price target of $6.00.

Analyst Keay Nakae comments, "Catasys provides specialized health management services to health insurance plans through its OnTrak treatment program. The program is designed to improve the health of members with substance dependence problems by utilizing a unique combination of member engagement and patient-centric treatment that integrates evidence-based medical and psychosocial interventions, along with high-touch care coaching, in a 52-week outpatient program. The program has proven to significantly reduce the healthcare costs of these patients by decreasing their number of hospital days, ambulance usage, and E.R. visits."

For an analyst ratings summary and ratings history on Catasys click here. For more ratings news on Catasys click here.

Shares of Catasys closed at $2.19 yesterday.



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