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Webmd Health Corp (WBMD) [hlAlert]

Rating:
Outperform
WBMD
down 12.05 %

Webmd Health Corp (WBMD) rated Outperform with price target $55 by RBC Capital Mkts

Posted on: Tuesday,  Dec 8, 2015  8:25 AM ET by RBC Capital Mkts

RBC Capital Mkts rated Outperform Webmd Health Corp (NASDAQ: WBMD) on 12/08/2015, when the stock price was $47.02.
Since then, Webmd Health Corp has lost 12.06% as of 01/07/2016's recent price of $41.35.
If you would have followed this RBC Capital Mkts's recommendation on WBMD, you would have lost 12.05% of your investment in 30 days.

WebMD announced today that is has signed an agreement to acquire Conceptis Technologies Inc., a Montreal-based provider of online and offline medical education and promotion aimed at physicians and other healthcare professionals. Conceptis has been successful in developing a strong online presence in the cardiology community and is highly respected for the depth and breadth of content contained on its flagship. With the combination of two of the leading cardiology channels on the Internet, Medscape Cardiology and www.theheart.org, WebMD is well positioned to further its lead and penetration in this high value segment of medical marketing.

RBC Capital Markets is an international corporate and investment bank that provides innovative solutions and a focused set of products and services to institutions, corporations, governments and high net worth clients around the world. With nearly 3,700 professional and support staff, we operate out of 75 offices in 15 countries and deliver our products and services through operations in Asia and Australasia, the UK and Europe and in every major North American city.
Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
12/8/2015 8:25 AM Buy
None
47.02 55.00
as of 1/1/0001
1 Week   
1 Month   
3 Months   
1 YTD   

(*) Stock Price at the time of the recommendation.
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