American Well (NYSE:AMWL) Raised to “Overweight” at Morgan Stanley
Morgan Stanley upgraded shares of American Well (NYSE:AMWL) from an equal weight rating to an overweight rating in a research note published on Wednesday, Stock Target Advisor reports. Morgan Stanley currently has $26.00 price target on the stock.
A number of other equities analysts have also recently commented on the company. UBS Group initiated coverage on American Well in a report on Monday, October 12th. They set a neutral rating and a $29.00 price target for the company. Credit Suisse Group initiated coverage on American Well in a report on Monday, October 12th. They set an outperform rating and a $41.00 price target for the company. ValuEngine upgraded American Well from a hold rating to a buy rating in a report on Wednesday, October 14th. Piper Sandler started coverage on shares of American Well in a research report on Monday, October 12th. They set an overweight rating and a $44.00 price objective for the company. Finally, Berenberg Bank started coverage on shares of American Well in a research report on Monday, October 12th. They set a buy rating and a $39.00 price objective for the company. Three equities research analysts have rated the stock with a hold rating and six have given a buy rating to the company’s stock. The company currently has a consensus rating of Buy and an average target price of $35.86.
Shares of NYSE AMWL opened at $23.92 on Wednesday. The firm has a 50-day moving average of $29.97. American Well has a fifty-two week low of $21.34 and a fifty-two week high of $41.80.
About American Well
American Well Corporation provides a telehealth application that connects and enables providers, insurers, patients, and innovators to deliver access to healthcare. Its application offers urgent care; pediatrics; therapy; menopause nutrition; menopause counseling; telestroke; population health management; telepsychiatry; pregnancy and postpartum nutrition; pregnancy and postpartum therapy; breastfeed support; menopause care; pregnancy and postpartum care; and chromic disease management services.
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