Top Picks for Q3, 2021 from Echelon Capital - Cantechletter Another stock returning to Echelon’s Top Pick list is Skylight Health Group (Skylight Health Group Stock Quote, Chart, News, Analysts, Financials TSXV:SLHG), which also vaulted ahead over the past year. The company, which operates multi-disciplinary medical clinics in the US and owns an electronic health records business and telemedicine service, should be building momentum around its value-based care model, according to Goff.
“With the VBC model gaining attention together with SLHG’s transition into a VBC model, we look for a positive revaluation of Skylight as it builds scale through further accretive acquisitions, as results highlight its organic growth. The Company’s June 7 NASDAQ listing should facilitate the positive revaluation considering its prevailing discount,” Goff wrote.
The analyst reasserted his “Speculative Buy” rating for SLHG and $10.50 target, which represented a projected return of 108.7 per cent.