Benefytt Technologies Inc (fka HII)

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$HIIQ FWIW Cantor Fitzgerald analyst Steven Halper weighed in on Health Insurance Innovations provided an update on its business strategy and ongoing strategic review process. Halper spoke to management after the news release. He highlighted:

The company reiterated its commitment to building out its growing Medicare business while de-emphasizing its legacy IFP business. HIIQ also indicated that a significant amount of operating cash flows should be available in the near term.

We view the company's cash flow outlook positively as it suggests to us that HIIQ has financial stability. We continue to believe the company is well-positioned in the attractive Medicare market.

We continue to view the shares as highly compelling at current levels

The analyst reiterated an Overweight rating and $80.00 price target on HIIQ.