Zacks Rating on Castlight Health (CSLT)

Castlight Health (CSLT) : Zacks Investment Research ranks Castlight Health (CSLT) as 2, which is a Buy recommendation. 3 research analysts consider that the stocks fundamentals point to a bright future, hence they rate the stock as a Strong Buy. 1 other analysts are mildly bullish on the stock and favor a Buy. A total of 3 analysts believe that the stock has a limited upside, hence they advise a Hold. The average broker rating of 7 research analysts is 2, which indicates as a Buy.

Castlight Health (CSLT) : Average target price received by Castlight Health (CSLT) is $5.5 with an expected standard deviation of $1.58. The most aggressive target on the stock is $8, whereas the most downbeat target is $4. 5 financial analysts are currently covering the stock.


Castlight Health, Inc. has dropped 3.26% in the last five trading days, however, the shares have posted positive gains of 6.12% in the last 4 weeks. Castlight Health, Inc. is up 1.22% in the last 3-month period. Year-to-Date the stock performance stands at -2.58%. Castlight Health (NYSE:CSLT): stock turned positive on Tuesday. Though the stock opened at $4.03, the bulls momentum made the stock top out at $4.18 level for the day. The stock recorded a low of $4.03 and closed the trading day at $4.16, in the green by 3.74%. The total traded volume for the day was 210,881. The stock had closed at $4.01 in the previous days trading.

Castlight Health, Inc. is a provider of cloud-based software that enables enterprises to understand and manage health care spending as a business investment, and help employees and their families make medical decisions. The Companys Enterprise Healthcare Cloud provides information to its employees, implementing technology-enabled benefit designs and integrating systems and applications. The Company deploys consumer-oriented applications that deliver employee engagement and enable employers to integrate benefit programs into one platform available to employees and their families. The Companys Enterprise Healthcare Cloud offering transforms data into transparent and useful information. This data include external data, which it obtains from sources, such as health care providers, insurance companies, governmental agencies and quality-monitoring organizations, as well as internal data generated through the usage of its applications.

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