Chardan Capital Markets Starts Catasys (CATS) at Buy
Get Alerts CATS Hot Sheet
Rating Summary:
5 Buy, 0 Hold, 0 Sell
Rating Trend: = Flat
Today's Overall Ratings:
Up: 0 | Down: 0 | New: 0
Join SI Premium – FREE
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.
Serious News for Serious Traders! Try StreetInsider.com Premium Free!
You May Also Be Interested In
- TD Cowen Starts Grindr (GRND) at Buy
- Ree Automotive Holding Inc. (REE) PT Lowered to $4 at Wells Fargo
- Dollar General (DG) PT Raised to $175 at Argus
Create E-mail Alert Related Categories
Analyst Comments, New CoverageRelated Entities
Chardan Capital MarketsSign up for StreetInsider Free!
Receive full access to all new and archived articles, unlimited portfolio tracking, e-mail alerts, custom newswires and RSS feeds - and more!