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Webmd Health Corp (WBMD) [hlAlert]

Rating:
Hold WBMD
up 8.85 %

Webmd Health Corp (WBMD) downgraded to Hold by Canaccord Adams

Posted on: Wednesday,  May 5, 2010  8:25 AM ET by Canaccord Adams

Canaccord Adams rated Hold Webmd Health Corp (NASDAQ: WBMD) on 05/05/2010. Previously Canaccord Adams rated Buy Webmd Health Corp (NASDAQ: WBMD) on
02/19/2010., when the stock price was $41.34. Since then, Webmd Health Corp has gained 8.85% as of 05/05/2010's recent price of $45.00.
If you would have followed the previous Canaccord Adams's recommendation on WBMD, you would have gained 8.85% of your investment in 75 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.

Canaccord Adams provides focused, actionable, idea-driven research, helping clients make informed investment decisions. Our 55 international analysts scour the globe for emerging and small to mid cap (US$1-2 billion market capitalization) growth opportunities, identifying value and exposing risk. Our research team analyzes over 550 companies in eight sectors, clarifying current events and anticipating market trends in high-quality daily, weekly and monthly research products. Our clients benefit from our thorough and sophisticated knowledge of the sectors we cover - Metals and Mining, Energy, Technology, Life Sciences, Real Estate, Consumer, Sustainability and Industrial Growth. We combine independent, actionable ideas, unique global perspective and unparalleled industry expertise. We believe it's evident in our research, and the foundation of our business.
Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
5/5/2010 8:25 AM Hold
None
45.00
as of 12/31/2010
1 Week   
1 Month   
3 Months   
1 YTD up  8.85 %
Previous Recommendations
Date/Time (ET)SymbolRatingTermPrice (*)Target
2/19/2010 10:25 AM Buy
None
41.34 44.00
7/14/2009 9:25 AM Hold
None
29.03

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