By: Benzinga
UPDATE: Bank of America Downgrades eHealth to Underperform on Valuation
Bank of America reduced its rating on eHealth (NASDAQ: EHTH ) from Buy to Underperform while raising its price objective from $26 to $28. Bank of America said, "Although we believe eHealth has positioned itself for a strong 2013, our optimism is tempered by the stock's rich valuation.
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