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Canaccord Genuity starts coverage on Omada with 'buy' rating

ReutersJul 2, 2025 10:26 AM

Canaccord Genuity initiates coverage on virtual healthcare provider Omada Health OMDA.O with a "buy" rating

Brokerage says OMDA's AI virtual care platform keeps patients engaged and improves outcomes between doctor visits, setting it apart in a competitive chronic-care market

Brokerage sets PT at $27, a ~47.9% upside on stock's last close

As of last close, stock down 3.9% from the $19 offer price in its June IPO

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