Canaccord Genuity Maintains a Hold Rating on Castlight Health (CSLT)

Canaccord Genuity analyst Richard Close maintained a Hold rating on Castlight Health (CSLTResearch Report) on November 6 and set a price target of $1.00. The company’s shares closed last Friday at $0.95.

According to TipRanks.com, Close is a 5-star analyst with an average return of 26.3% and a 61.9% success rate. Close covers the Technology sector, focusing on stocks such as HealthStream, Allscripts, and Cerner.

Castlight Health has an analyst consensus of Hold, with a price target consensus of $1.00.

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The company has a one-year high of $1.63 and a one-year low of $0.60. Currently, Castlight Health has an average volume of 478.9K.

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Castlight Health, Inc. engages in the provision of healthcare information technology solutions. It offers health benefits platforms which enables benefit leaders to communicate and measure their programs. The company was founded by Todd Y. Park, Bryan E. Roberts, and Giovanni M. Colella in January 2008 and is headquartered in San Francisco, CA.