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Analysts Offer Insights on Healthcare Companies: Medtronic (MDT), Daré Bioscience (DARE) and Bolt Biotherapeutics (BOLT)

Analysts have been eager to weigh in on the Healthcare sector with new ratings on Medtronic (MDTResearch Report), Daré Bioscience (DAREResearch Report) and Bolt Biotherapeutics (BOLTResearch Report).

Daré Bioscience (DARE)

In a report released yesterday, Kemp Dolliver from Brookline Capital Markets reiterated a Buy rating on Daré Bioscience, with a price target of $3.00. The company’s shares closed last Tuesday at $0.32, close to its 52-week low of $0.27.

According to TipRanks.com, Dolliver is ranked #6145 out of 8848 analysts.

Currently, the analyst consensus on Daré Bioscience is a Strong Buy with an average price target of $3.67, which is a 1083.9% upside from current levels. In a report issued on May 1, H.C. Wainwright also reiterated a Buy rating on the stock with a $6.00 price target.

Bolt Biotherapeutics (BOLT)

Bolt Biotherapeutics received a Hold rating and a $1.50 price target from Stifel Nicolaus analyst Stephen Willey yesterday. The company’s shares closed last Tuesday at $1.32.

According to TipRanks.com, Willey is a 4-star analyst with an average return of 7.1% and a 41.3% success rate. Willey covers the Healthcare sector, focusing on stocks such as Compass Therapeutics, AbCellera Biologics, and IGM Biosciences.

The word on The Street in general, suggests a Strong Buy analyst consensus rating for Bolt Biotherapeutics with a $6.50 average price target, implying a 396.2% upside from current levels. In a report released yesterday, Guggenheim also downgraded the stock to Hold.

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