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Rating: WBMD
Buy $52
down 20.00 %

Webmd Health Corp (NASDAQ: WBMD) reiterated to Buy with price target $52 by Stifel

Wednesday,  Oct 1, 2014  8:25 AM ET by Lynn Gilbert

Stifel reiterated Webmd Health Corp (NASDAQ: WBMD) to Buy with price target $52. Previously, Stifel rated Webmd Health Corp (NASDAQ: WBMD) to Buy with price
target $60 on 07/02/2014, when the stock price was valued at $52.06. Since then, Webmd Health Corp's stock price has lost 20% as of 10/01/2014's recent price of $41.64.
If you had followed Stifel's previous recommendation on WBMD, you would have lost 20% of your investment in 91 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, WebMD is well positioned to further its lead and penetration in this high value segment of medical marketing.


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