WebMD Health (WBMD) Tops Q3 EPS by 7c; Guides FY16 EPS Above Views

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Mizuho Securities Downgrades WebMD Health Corp. (WBMD) to Neutral

November 2, 2016 6:22 AM EDT

Mizuho Securities downgraded WebMD Health Corp. (NASDAQ: WBMD) from Outperform to Neutral with a price target of $52.00 (from $63.00) following solid-Q3 results but a weak 2017 outlook.

Analyst Neil Doshi commented, "WebMD reported a solid 3Q and in-line 4Q. However, the company's initial outlook... More