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H.C. Wainwright Reaffirms Their Buy Rating on HTG Molecular Diagnostics (HTGM)

H.C. Wainwright analyst Yi Chen reiterated a Buy rating on HTG Molecular Diagnostics (HTGMResearch Report) today and set a price target of $15.00. The company’s shares closed last Friday at $3.33.

Chen covers the Healthcare sector, focusing on stocks such as Applied DNA Sciences, Vaccitech Plc, and Veru. According to TipRanks, Chen has an average return of -12.2% and a 30.88% success rate on recommended stocks.

The word on The Street in general, suggests a Moderate Buy analyst consensus rating for HTG Molecular Diagnostics with a $8.00 average price target.

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The company has a one-year high of $55.31 and a one-year low of $2.38. Currently, HTG Molecular Diagnostics has an average volume of 1.12M.

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HTG Molecular Diagnostics, Inc. engages in the provision of molecular technology solutions that facilitates molecular profiling. Its customers include biopharmaceutical companies, academic research centers, and molecular testing laboratories. The company was founded by Bruce E. Seligmann in October 1997 and is headquartered in Tucson, AZ.

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