William Blair Initiates Coverage on Wageworks (WAGE)

By admin | 6 years ago

Equities research analysts at William Blair started coverage on shares of Wageworks (NASDAQ: WAGE) in a research note issued to investors on Monday. The firm set an “outperform” rating on the stock.

Wageworks traded up 3.04% on Monday, hitting $11.87. Wageworks has a 1-year low of $10.12 and a 1-year high of $11.60. The company has a market cap of $305.5 million and a price-to-earnings ratio of 8.09.

WageWorks, Inc. is an on-demand provider of tax-advantaged programs for consumer-directed health, commuter and other employee spending account benefits (CDBs), in the United States.

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