Ontrak Announces 2022 Second Quarter Financial Results

Go back to Ontrak Announces 2022 Second Quarter Financial Results

OnTrak (OTRK) PT Lowered to $3 at Benchmark

August 11, 2022 11:44 AM EDT

Benchmark analyst Bill Sutherland lowered the price target on OnTrak (NASDAQ: OTRK) to $3.00 (from $4.00) while maintaining a Buy rating.

The analyst comments "With 2Q results, OTRK outlined an expanding new business pipeline with expected launch dates shifting into 2023. As a result, 2022 revenue guidance was... More