Benefitfocus (BNFT) Tops Q4 EPS by 4c, Offers Guidance

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Jefferies Believes Benefitfocus (BNFT) Valuation Reflects Recent Success, Downgrades to Hold

February 27, 2019 4:38 AM EST

Jefferies analyst Samad Samana downgraded Benefitfocus (NASDAQ: BNFT) from Buy to Hold with a price target of $55.00 (from $48.00).

The analyst comments "We expect the ramp of BenefitsPlace, growth investments, and improved execution to sustain success in 2019. Despite this we are... More

RBC Capital Sees Balanced Risk/Reward in Benefitfocus (BNFT), Downgrades to Sector Perform

February 27, 2019 4:25 AM EST

RBC Capital analyst Ross MacMillan downgraded Benefitfocus (NASDAQ: BNFT) from Outperform to Sector Perform with a price target of $58.00.

The analyst comments "At the margin, organic software growth this year is slightly lower than expected. In addition, our scenario analysis suggests our CY20... More