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Webmd Health Corp (WBMD) [hlAlert]

Rating:
Buy WBMD
down 12.22 %

Webmd Health Corp (WBMD) rated Buy with price target $50 by Needham

Posted on: Monday,  Apr 12, 2010  9:25 AM ET by Needham

Needham rated Buy Webmd Health Corp (NASDAQ: WBMD) on 04/12/2010. Previously Needham rated Buy Webmd Health Corp (NASDAQ: WBMD) on 11/08/2007.,
when the stock price was $47.11. Since then, Webmd Health Corp has lost 12.23% as of 01/07/2016's recent price of $41.35.
If you would have followed the previous Needham's recommendation on WBMD, you would have lost 12.22% of your investment in 2982 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.

Needham & Company, LLC focuses on emerging growth companies in technology, biotechnology and life sciences. The firm's research goal is to service the needs of growth-oriented institutional clients. Needham & Company has established itself as a premier specialty investment bank providing timely and valuable analysis on companies that are under-covered by the majority of Wall Street firms.
Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
4/12/2010 9:25 AM Buy
None
48.25 50.00
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 33.00
5/7/2008 9:25 AM Buy
None
33.34 35.00
11/8/2007 9:25 AM Buy
None
47.11 51.00
7/30/2007 9:25 AM Hold
None
46.88

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