Evolent Health (EVH) Reports In-Line Q2 EPS

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Evolent Health (EVH) PT Lowered to $33 at Cowen; Reiterates Outperform

August 8, 2017 7:42 AM EDT

Cowen lowered its price target on Evolent Health (NYSE: EVH) to $33.00 (from $35.00) while maintaining a Outperform rating following 2Q release. Reported revenues of $107.3M exceeded guidance, and consensus estimates, despite soft transformation sales. Adjusted EPS of ($0.13) was in-line with Street's expectations.

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