eHealth, Inc. (EHTH) Tops Q3 EPS by 2c
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eHealth (EHTH) Rallies Post Earnings But BofA/Merrill Lynch is Cautious and Downwgrades to Underperform
October 31, 2014 1:20 PM EDTeHealth (NASDAQ: EHTH) is turning in a solid performance Friday (+10.4%) following better than expected Q3 results after the clsoe. However, BofA/Merrill Lynch was out with a sobering note this morning and downgraded the shares from Neutral to Underperform given limited open enrollment visibility.
While acknowledging solid results, analyst Nat Schindler said "Q3 was largely irrelevant in gauging future subscriber growth with... More
