American Well Corporation Review Following Q3 Results
<p>Analysts at Berenberg Bank provided their outlook on <a href='https://financialmodelingprep.com/financial-summary/AMWL'>American Well Corporation (NYSE:AMWL) </a>following the recent Q3 earnings report, with a top-line miss and step-down in the FY revenue outlook. </p>
<p>For investors with longer time horizons, the analysts see this as a buying opportunity. The central tenet of their thesis – the company becoming a key component of the healthcare IT spine market – seems to be moving forward. This is evidenced by ongoing increases in average annual contract values which signify a growing value proposition for the user base in the Subscription business. Moreover, this comes with a key growth driver, Converge, which is still in the early stages of a roll-out. </p>

NYSE:AMWL