Talkspace (NASDAQ:TALK) Sets New 52-Week High - Here's What Happened

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Talkspace (NASDAQ:TALK) shares recently hit a new 52-week high of $5.19 during mid-day trading on Monday, closing at $5.18 on heavy volume. This rise follows a quarterly earnings beat, with the company reporting $0.03 EPS against an estimated $0.02 and revenue of $63.0M. Despite the strong performance, analyst consensus remains a “Hold” with an average target price of $5.56, largely due to several recent downgrades.

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