Tabula Rasa HealthCare initiated at Cantor Fitzgerald

Tabula Rasa HealthCare initiated with an Overweight at Cantor Fitzgerald. Cantor Fitzgerald analyst Steven Halper initiated Tabula Rasa HealthCare with an Overweight and $99 price target. Halper believes Tabula Rasa’s addressable market is about $7.5B in annual revenue, and was positive on the company’s strong fundamentals, as well as its potential to grow revenue annually at 20%-25% for the next several years, with improving margins.
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