UPDATE: Stifel Starts DarioHealth Corp. (DRIO) at Buy

March 22, 2021 4:08 PM EDT
Get Alerts DRIO Hot Sheet
Price: $20.62 +4.09%

Rating Summary:
    6 Buy, 0 Hold, 0 Sell

Rating Trend: Up Up

Today's Overall Ratings:
    Up: 17 | Down: 14 | New: 42
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(Updated - March 22, 2021 4:10 PM EDT)

Stifel analyst David Grossman initiates coverage on DarioHealth Corp. (NASDAQ: DRIO) with a Buy rating and a price target of $30.00.

The analyst comments "While there are obvious financial and operating risks associated with being early, there are early signs they are successfully executing on their transition to the enterprise market. We believe continued success in making this transition will help validate their business model and lead to share gains, upward earnings revision and multiple expansion."

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

Shares of DarioHealth Corp. closed at $19.77 yesterday.

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