Today’s Market Runner: Is Buying Tabula Rasa HealthCare Inc Here a Winning Strategy?

Today's Market Runner: Is Buying Tabula Rasa HealthCare Inc Here a Winning Strategy?

The stock of Tabula Rasa HealthCare Inc (NASDAQ:TRHC) is a huge mover today! About 87,848 shares traded hands. Tabula Rasa HealthCare Inc (NASDAQ:TRHC) has risen 6.00% since October 23, 2016 and is uptrending. It has outperformed by 1.44% the S&P500.
The move comes after 6 months positive chart setup for the $222.34 million company. It was reported on Nov, 22 by Barchart.com. We have $13.18 PT which if reached, will make NASDAQ:TRHC worth $6.67M more.

Tabula Rasa HealthCare Inc (NASDAQ:TRHC) Ratings Coverage

Out of 3 analysts covering Tabula Rasa HealthCare (NASDAQ:TRHC), 3 rate it a “Buy”, 0 “Sell”, while 0 “Hold”. This means 100% are positive. Tabula Rasa HealthCare has been the topic of 3 analyst reports since October 24, 2016 according to StockzIntelligence Inc. The firm earned “Overweight” rating on Monday, October 24 by Piper Jaffray. The stock of Tabula Rasa HealthCare Inc (NASDAQ:TRHC) earned “Buy” rating by UBS on Monday, October 24. The firm has “Outperform” rating by Wells Fargo given on Monday, October 24.

According to Zacks Investment Research, “Tabula Rasa HealthCare, Inc. is a provider of patient-specific, data-driven technology and solutions which enable healthcare organizations to optimize medication regimens to improve patient outcomes, reduce hospitalizations, lower healthcare costs and manage risk. The company’s cloud-based software applications including EireneRx and MedWise Advisor which provide solutions to payers, providers and other healthcare organizations. Tabula Rasa HealthCare, Inc. is based in NJ, United States.”

More notable recent Tabula Rasa HealthCare Inc (NASDAQ:TRHC) news were published by: Nasdaq.com which released: “Tabula Rasa HealthCare Inc. (TRHC), Interview with Dr. Calvin Knowlton, CEO” on November 08, 2016, also Seekingalpha.com with their article: “IPO Preview: Tabula Rasa HealthCare Inc.” published on September 27, 2016, Globenewswire.com published: “Tabula Rasa HealthCare Announces Pricing of Initial Public Offering” on September 28, 2016. More interesting news about Tabula Rasa HealthCare Inc (NASDAQ:TRHC) were released by: Marketwatch.com and their article: “Tabula Rasa Healthcare started at overweight with $18 stock price target at …” published on January 06, 2016 as well as Finance.Yahoo.com‘s news article titled: “Nasdaq Welcomes Tabula Rasa HealthCare, Inc. (Nasdaq: TRHC) to The Nasdaq …” with publication date: September 29, 2016.

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