Cue Health Inc (HLTH)

[Skyline.R8RS]

TD Cowen just reduced target from $5 to $1.50 and near-term that’s about right. Its not a sprint, its a marathon, and now post-pandemic adoption is about alignment of clinicians, payers, and the patient; and workflow changes. Right now Cue is nibbling away on the outside for specific demographic and use case(s). Patients will always want something that is coordinated and aligned; and will not give up the face-to-face therapeutic alliance for a faceless app. So Cue’s next leg of the journey is its part in making that encounter more meaningful, more efficient and more engaging; and help answer for the provider: “out of the 1000’s of patients who should come in?”. This will come as Cue’s technology is deployed for evidence-based guidelines, with “numbers that don’t lie”; and create a next generation of care experiences; that allows for patients to be in control of their data and for providers to intervene earlier, and prevent more costly outcomes (and this payers will embrace)!