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Analysts Conflicted on These Technology Names: Novanta (NOVT) and Health Catalyst (HCAT)

Companies in the Technology sector have received a lot of coverage today as analysts weigh in on Novanta (NOVTResearch Report) and Health Catalyst (HCATResearch Report).

Novanta (NOVT)

Berenberg Bank analyst Andrew Buscaglia maintained a Hold rating on Novanta yesterday and set a price target of $130.00. The company’s shares closed last Monday at $155.87.

According to TipRanks.com, Buscaglia is ranked #6942 out of 8113 analysts.

Novanta has an analyst consensus of Hold, with a price target consensus of $130.00.

See today’s best-performing stocks on TipRanks >>

Health Catalyst (HCAT)

In a report released yesterday, Dev Weerasuriya from Berenberg Bank maintained a Buy rating on Health Catalyst, with a price target of $12.00. The company’s shares closed last Monday at $9.82, close to its 52-week low of $6.40.

According to TipRanks.com, Weerasuriya is a 1-star analyst with an average return of -10.1% and a 38.7% success rate. Weerasuriya covers the Technology sector, focusing on stocks such as Omnicell, Doximity, and Accolade.

Health Catalyst has an analyst consensus of Moderate Buy, with a price target consensus of $12.89, a 23.0% upside from current levels. In a report issued on November 8, BTIG also maintained a Buy rating on the stock with a $17.00 price target.

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