Alliance Global Partners Initiates Coverage of UpHealth (UPH) with Buy Recommendation
Nasdaq Fintel reports that on June 9, 2023, Alliance Global Partners initiated coverage of UpHealth (NYSE:UPH) with a Buy recommendation.
Analyst Price Forecast Suggests 376.00% Upside
As of June 2, 2023, the average one-year price target for UpHealth is 7.14. The forecasts range from a low of 3.03 to a high of $11.55. The average price target represents an increase of 376.00% from its latest reported closing price of 1.50.
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The projected annual revenue for UpHealth is 218MM, an increase of 32.26%. The projected annual non-GAAP EPS is -1.95.
What is the Fund Sentiment?
There are 52 funds or institutions reporting positions in UpHealth. This is a decrease of 4 owner(s) or 7.14% in the last quarter. Average portfolio weight of all funds dedicated to UPH is 0.00%, an increase of 22.09%. Total shares owned by institutions increased in the last three months by 64.46% to 4,241K shares. The put/call ratio of UPH is 0.01, indicating a bullish outlook.