Leerink Swann Begins Coverage on Livongo Health (NASDAQ:LVGO)

Leerink Swann began coverage on shares of Livongo Health (NASDAQ:LVGO) in a research report released on Monday, The Fly reports. The firm issued an outperform rating and a $50.00 price target on the stock.

Other equities research analysts have also recently issued reports about the company. Piper Jaffray Companies initiated coverage on Livongo Health in a report on Monday. They issued an overweight rating and a $40.00 price objective on the stock. Chardan Capital began coverage on shares of Livongo Health in a research note on Friday, August 16th. They issued a neutral rating and a $40.00 target price on the stock. Two investment analysts have rated the stock with a hold rating and eight have assigned a buy rating to the company’s stock. The stock currently has an average rating of Buy and a consensus target price of $44.20.

LVGO stock opened at $34.95 on Monday. Livongo Health has a 12-month low of $31.60 and a 12-month high of $45.68.



In other Livongo Health news, major shareholder Ab (Publ) Kinnevik bought 3,141,795 shares of the firm’s stock in a transaction on Monday, July 29th. The shares were acquired at an average cost of $28.00 per share, with a total value of $87,970,260.00. The acquisition was disclosed in a document filed with the SEC, which is available through this link. Also, Director Hemant Taneja bought 2,678,571 shares of the firm’s stock in a transaction on Monday, July 29th. The stock was acquired at an average cost of $28.00 per share, for a total transaction of $74,999,988.00. The disclosure for this purchase can be found here.

Livongo Health Company Profile

Livongo Health, Inc provides an integrated suite of solutions for the healthcare industry in North America. It solutions promote health behavior change based on real-time data capture supported by intuitive devices and insights driven by data science. The company offers a platform that provides cellular-connected devices, supplies, informed coaching, data science-enabled insights, and facilitates access to medications.

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Analyst Recommendations for Livongo Health (NASDAQ:LVGO)

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