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Stock impact report

Talkspace, Inc. (TALK) Gets Initiated With an Equal Weight Rating at Barclays [Yahoo! Finance]

Talkspace, Inc. (TALK) 
Company Research Source: Yahoo! Finance
The firm set a $3.50 price target, starting the US healthcare technology and distribution industry with a neutral view. It stated that it has the most bullish outlook for drug distributors, and has a more mixed view of the dental and healthcare information technology subsectors. In another development, Talkspace, Inc. (NASDAQ:TALK) announced on November 19 that it was awarded a renewal of the Sourcewell cooperative purchasing contract in the Virtual Behavioral Health Therapy and Related Services category. Sourcewell is a self-funded governmental organization that facilitates a cooperative purchasing program harnessing the collective purchasing power of more than 50,000 participating agencies. It allows educational, government, and nonprofit organizations to secure efficient and cost-effective purchasing solutions. Management reported that this development allows Talkspace, Inc. (NASDAQ:TALK) to expand its offerings to counties, cities, school districts, and public agencies in the Show less Read more
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