BidaskClub upgraded shares of HealthStream (NASDAQ:HSTM) from a sell rating to a hold rating in a report issued on Saturday.

Several other research firms have also recently commented on HSTM. Needham & Company LLC restated a hold rating and set a $26.00 price target on shares of HealthStream in a report on Tuesday, October 24th. Canaccord Genuity restated a hold rating and set a $25.00 price target on shares of HealthStream in a report on Monday, October 23rd. Robert W. Baird decreased their price target on shares of HealthStream from $30.00 to $28.00 and set an outperform rating for the company in a report on Wednesday, October 25th. ValuEngine upgraded shares of HealthStream from a sell rating to a hold rating in a report on Wednesday, January 3rd. Finally, Zacks Investment Research cut shares of HealthStream from a buy rating to a hold rating in a report on Friday, November 10th. One equities research analyst has rated the stock with a sell rating, six have assigned a hold rating and two have issued a buy rating to the stock. The stock has a consensus rating of Hold and an average target price of $24.83.

Shares of HealthStream (NASDAQ:HSTM) opened at $22.23 on Friday. The company has a market cap of $708.74, a P/E ratio of 123.50, a P/E/G ratio of 4.74 and a beta of 0.90. HealthStream has a fifty-two week low of $21.15 and a fifty-two week high of $31.53.

Institutional investors and hedge funds have recently modified their holdings of the stock. UBS Asset Management Americas Inc. bought a new position in HealthStream during the second quarter valued at approximately $205,000. Teacher Retirement System of Texas bought a new position in HealthStream during the fourth quarter valued at approximately $215,000. Municipal Employees Retirement System of Michigan raised its position in HealthStream by 59.5% during the third quarter. Municipal Employees Retirement System of Michigan now owns 9,570 shares of the technology company’s stock valued at $224,000 after acquiring an additional 3,570 shares in the last quarter. GSA Capital Partners LLP bought a new position in HealthStream during the third quarter valued at approximately $237,000. Finally, Virginia Retirement Systems ET AL bought a new position in HealthStream during the third quarter valued at approximately $264,000. 73.99% of the stock is currently owned by hedge funds and other institutional investors.

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About HealthStream

HealthStream, Inc (HealthStream) provides workforce, patient experience and provider solutions for healthcare organizations. The Company operates in three segments: HealthStream Workforce Solutions, HealthStream Patient Experience Solutions and HealthStream Provider Solutions. HealthStream’s products and services are organized into three segments: Workforce Solutions, Patient Experience Solutions, and Provider Solutions.

Analyst Recommendations for HealthStream (NASDAQ:HSTM)

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