HealthStream (HSTM) Tops Q2 EPS by 3c

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HealthStream (HSTM) PT Lowered to $24 at Cantor Fitzgerald; Reiterates Neutral

July 25, 2017 2:18 PM EDT

Cantor Fitzgerald lowered its price target on HealthStream (NASDAQ: HSTM) to $24.00 (from $28.00) while maintaining a Neutral rating following the company's 2Q earnings report. Revenue of $61.5 million was in line with FactSet consensus. EPS were $0.07 vs. estimates of $0.04.

Management attributed the shortfall to sales productivity... More