Citi Has Sell Rating On eHealth (EHTH)

Citi Investment Research has a Sell rating and a $10 price target on shares of eHealth EHTH. In the research note sent to investors, Citi writes, "We think eHealth will miss consensus estimates in the fourth quarter, while we think the company will also offer 2011 earnings guidance meaningfully below the market's expectation. We are lowering our 2010 EPS estimate by $0.03 to $0.52, and reducing our 2011 estimate by $0.05, to $0.40." Shares of EHTH lost 71 cents yesterday to close at $13.69.