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Why HealthEquity Stock Jumped 10% Today


Shares of HealthEquity (NASDAQ: HQY), a leading custodian of health savings accounts, rose more than 10% on Wednesday. The double-digit jump is traceable to an analyst upgrade. 

Barrington Research published a note to its investors on Wednesday and reaffirmed its "buy" rating on HealthEquity's stock. Barrington also set a price target of $86, which is right in line with where shares are currently trading after today's double-digit jump.

Image source: Getty Images.

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Source Fool.com

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