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Stock impact report

Why Evolent Health (EVH) Shares Are Sliding Today [Yahoo! Finance]

Evolent Health, Inc Class A (EVH) 
Last evolent health, inc class a earnings: 2/25 04:02 pm Check Earnings Report
US:NYSE Investor Relations: ir.evolenthealth.com
Company Research Source: Yahoo! Finance
The investment firm cut its view on the stock's future price from $18.00 to $12.00, a notable 33.33% reduction. The substantial cut in the price target likely raised concerns among investors about the company's near-term prospects, contributing to the stock's decline. The stock market overreacts to news, and big price drops can present good opportunties to buy high-quality stocks. Is now the time to buy Evolent Health? Access our full analysis report here What Is The Market Telling Us Evolent Health's shares are extremely volatile and have had 43 moves greater than 5% over the last year. But moves this big are rare even for Evolent Health and indicate this news significantly impacted the market's perception of the business. The previous big move we wrote about was 1 day ago when the stock gained 3.4% on the news that the market experienced a sharp sector rotation, as investors fled growth-oriented technology stocks and piled into value-oriented names amid growing valuation con Show less Read more
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