Amwell (AMWL) and Leidos (LDOS) Picked by US Defense Health Agency for the Digital First Initiative for the U.S. Military Health System

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American Well (AMWL) DHA contract a 'clear positive' - Wells Fargo

October 19, 2023 5:51 PM EDT

Wells Fargo analyst Stephen Baxter reiterated an Equal Weight rating and $2.00 price target on American Well Corp. (NYSE: AMWL), calling the DHA contract a "clear positive."

The analyst commented, "While specific economics for Amwell are not clear, we view this contract as... More