UPDATE: Baird Downgrades TalkSpace (TALK) to Neutral

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UPDATE: Citi Downgrades TalkSpace (TALK) to Neutral

November 16, 2021 4:57 AM EST

(Updated - November 16, 2021 5:47 AM EST)

Citi analyst Daniel Grosslight downgraded TalkSpace (NASDAQ: TALK) from Buy to Neutral with a price target of $3.50 (from $7.00).

The analyst comments "We are downgrading TALK to Neutral/High Risk and decreasing our PT from $7 to $3.50... More

Talkspace (TALK) announces co-founder and CEO, Oren Frank, has decided to step down

November 15, 2021 4:03 PM EST

Talkspace, Inc. (Nasdaq: TALK), a leading virtual behavioral healthcare company, announced today that its co-founder and CEO, Oren Frank, has decided to step down from his position as CEO and Board member of Talkspace, effective today. Roni Frank, co-founder and Head of Clinical Services, is also stepping down from her role and from the Board of Directors. Mr. and Mrs. Frank will serve as Strategic Advisors to the Board for the next 6 months to provide continuity and strategic direction.

The Board will conduct a comprehensive search for a new... More