Why GoodRx Surged Today [Yahoo! Finance]
GoodRx Holdings, Inc. - Class A (GDRX)
Company Research
Source: Yahoo! Finance
Monday's performance continued the stock's strong performance since the beginning of the year. But is a true recovery for the beaten-down health-tech stock really beginning? Upgrading to "overweight" and forecasting more beats and raises In its note today, the Wells Fargo analyst team raised its rating on GoodRX from "equal weight" to "overweight," while raising its price target from $7.50 to $10. This compares with a $6.58 share price to begin the day. According to the analysts, the positive change of heart is due to the firm's greater appreciation of GoodRx's staying power and revenue visibility this year, saying: We think this sets up GoodRx to deliver on a beat & raise narrative in 2024 with upside to consensus expectations in 2025... We expect this dynamic to help GDRX close the valuation gap to its peers, in turn setting up the stock to see meaningful outperformance over the next 12 months." It's a bit unclear what brought on Wells Fargo's change of opinion today, but
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GDRX
News
- GoodRx Holdings, Inc. Securities Fraud Class Action Lawsuit Pending: Contact Levi & Korsinsky Before June 21, 2024 to Discuss Your Rights – GDRXAccesswire
- ROSEN, TOP RANKED INVESTOR COUNSEL, Encourages GoodRx Holdings, Inc. Investors to Secure Counsel Before Important Deadline in Securities Class Action - GDRXPR Newswire
- Shareholders of GoodRx Holdings, Inc. Should Contact Levi & Korsinsky Before June 21, 2024 to Discuss Your Rights - GDRXAccesswire
- Shareholders that lost money on GoodRx Holdings, Inc.(GDRX) should contact Levi & Korsinsky about pending Class Action - GDRXAccesswire
- DEADLINE ACTION NOTICE: The Schall Law Firm Encourages Investors in GoodRx Holdings, Inc. with Losses to Contact the FirmAccesswire
GDRX
Earnings
- 2/29/24 - Beat
GDRX
Sec Filings
- 4/25/24 - Form ARS
- 4/25/24 - Form DEFA14A
- 4/25/24 - Form DEF
- GDRX's page on the SEC website