SunTrust analyst Tobey Sommer raised his price target on eHealth to $75 and kept his Buy rating, saying the company’s latest results and strong guidance were unchanged from the pre-announcement levels forecast last month. The analyst is “impressed” with eHealth’s online Medicare submittal rate of 22%, stating that he is “incrementally more positive on the potential for the company to drive more Medicare customers online in future years” after generating the strongest enrollment period in its history.
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