Stock Track | Oscar Health Soars 5.15% in Pre-market on Raymond James Upgrade to Outperform

Stock Track02-12

Oscar Health, Inc. (OSCR) shares soared 5.15% in pre-market trading on Thursday, indicating strong investor interest ahead of the regular session opening.

The significant pre-market gain follows an analyst upgrade from Raymond James, which raised its rating on Oscar Health to Outperform from Market Perform and set an $18 price target. According to the research firm, the stock's relative valuation appears attractive at current levels.

Analyst upgrades typically generate positive market sentiment as they signal increased confidence in a company's future performance and potential for stock appreciation. The Outperform rating suggests Raymond James expects Oscar Health to deliver better returns than the broader market average.

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