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Webmd Health Corp (WBMD) [hlAlert]

Rating:
Buy WBMD
down 0.38 %

Webmd Health Corp (WBMD) rated Buy with price target $49 by Citigroup

Posted on: Friday,  Feb 19, 2010  8:25 AM ET by Citigroup

Citigroup rated Buy Webmd Health Corp (NASDAQ: WBMD) on 02/19/2010, when the stock price was $41.51. Since
then, Webmd Health Corp has lost 0.39% as of 01/07/2016's recent price of $41.35.
If you would have followed this Citigroup's recommendation on WBMD, you would have lost 0.38% of your investment in 2148 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.

Citi Investment Research is a highly respected research unit and is comprised of 390 research analysts across 22 countries. Citi Investment Research covers 3,100 companies, representing 90 percent of the market capitalization of the major global indices, and provides macro and quantitative analysis of global markets and sector trends. Combined with Citi's exceptional sales and trading capabilities and Smith Barney's financial consultants, the core focus of the group is to help investing clients make informed decisions by providing value-added, independent, insightful analysis.
Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
2/19/2010 8:25 AM Buy
None
41.51 49.00
as of 12/31/2010
1 Week up  5.42 %
1 Month up  3.75 %
3 Months up  6.81 %
1 YTD up  38.39 %
Previous Recommendations
Date/Time (ET)SymbolRatingTermPrice (*)Target
2/20/2009 8:25 AM Buy
None
23.60 25.00
10/31/2008 8:25 AM Hold
None
24.19 25.00
5/28/2008 8:25 AM Buy
None
29.15

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