Health Catalyst, Inc. (NASDAQ:HCAT) is listed among the 11 Most Undervalued Cloud Stocks Under $10 by hedge funds, with a share price under $10 and strong hedge fund interest. Wells Fargo raised its price target for HCAT to $10, maintaining a ‘Buy’ rating, highlighting the company’s growth potential. Health Catalyst offers a cloud-based data and analytics platform, Ignite, serving healthcare entities. The company is expected to see positive growth in bookings in Q2, with strong revenue visibility for 2025. Despite legislative uncertainties, Health Catalyst’s EBITDA growth and customer loyalty initiatives are reasons for an optimistic outlook.

Read more at Yahoo Finance: Wells Fargo Raises PT on Health Catalyst, Inc. (HCAT); Maintains ‘Buy’ Rating