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Analysts Offer Insights on Financial Companies: Healthequity (HQY) and Meridian Bank (MRBK)

Companies in the Financial sector have received a lot of coverage today as analysts weigh in on Healthequity (HQYResearch Report) and Meridian Bank (MRBKResearch Report).

Healthequity (HQY)

In a report released today, Sean Dodge from RBC Capital reiterated a Buy rating on Healthequity, with a price target of $75.00. The company’s shares closed last Wednesday at $59.16.

According to TipRanks.com, Dodge is a 1-star analyst with an average return of -3.3% and a 42.1% success rate. Dodge covers the Technology sector, focusing on stocks such as Tabula Rasa HealthCare, NextGen Healthcare, and GoodRx Holdings.

Currently, the analyst consensus on Healthequity is a Strong Buy with an average price target of $80.11, which is a 34.1% upside from current levels. In a report issued on March 7, BTIG also maintained a Buy rating on the stock with a $85.00 price target.

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

Meridian Bank (MRBK)

KBW analyst Michael Perito maintained a Hold rating on Meridian Bank today and set a price target of $17.00. The company’s shares closed last Wednesday at $13.56.

Perito has an average return of 28.3% when recommending Meridian Bank.

According to TipRanks.com, Perito is ranked #428 out of 8338 analysts.

The word on The Street in general, suggests a Hold analyst consensus rating for Meridian Bank.

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