Wells Fargo Maintains Overweight Rating on Phreesia (PHR)

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Jeff Lewis

Sun, April 12, 2026 astatine 4:34 PM CDT 1 min read

Phreesia, Inc. (NYSE:PHR) is 1 of the

8 Healthcare Stocks Insiders Are Buying. On April 5, 2026, Wells Fargo lowered the terms people connected Phreesia, Inc. (NYSE:PHR) to $15 from $25 and maintained an Overweight rating. Wells Fargo said fiscal 2027 gross guidance “decelerated sharply,” mostly driven by the Network segment, citing valuation compression and slower growth, portion noting caller Network transmission checks were constructive.

On April 1, 2026, Citizens downgraded Phreesia to Market Perform from Outperform without a terms target. Citizens said the updated fiscal 2027 gross outlook was disappointing and raised concerns astir the company’s ecosystem thesis, noting maturation appears to beryllium “sputtering out” successful its largest subscription and related services segment.

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On March 30, 2026, Phreesia reported Q4 adjusted EBITDA of $29.4M compared to $16.4M past year, with gross of $127.1M versus the $126.6M statement estimate. CEO Chaim Indig said the institution achieved “critical fiscal milestones,” including affirmative GAAP nett income of $2.3M and exceeding $100M successful adjusted EBITDA and $50M successful escaped currency travel for fiscal 2026.

Phreesia, Inc. (NYSE:PHR) provides SaaS-based bundle and outgo solutions for the healthcare industry.

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