Zacks Investment Management Acquires New Stake in Benefitfocus Inc (BNFT)
Summary
Zacks Investment Management acquired a new position in Benefitfocus Inc (NASDAQ:BNFT) during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). Finally, NorthCoast Asset Management LLC acquired a new position in shares of Benefitfocus in the fourth quarter valued at about $548,000. Royal Bank of Canada upped their price target on shares of Benefitfocus to $58.00 and gave the company an “average” rating in a research note on Wednesday, December 19th. Wedbush restated a “buy” rating and issued a $57.00 price target on shares of Benefitfocus in a research note on Wednesday, December 19th. Benefitfocus, Inc provides cloud-based benefits management platform for consumers, employers, insurance carriers, suppliers, and brokers in the United States.