HealthEquity (HQY) surged 5.43% in pre-market trading, reflecting strong investor sentiment following positive analyst actions.
The rally was primarily driven by JP Morgan raising its target price for HealthEquity to $129 from $126, signaling confidence in the company's growth prospects. Additionally, BTIG maintained its bullish $130 target, while Citizens reiterated a "Market Outperform" rating, further supporting the stock's upward momentum.
These analyst actions collectively boosted market optimism, leading to the pre-market surge as traders reacted to the upgraded outlook for HealthEquity.
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