In a report released yesterday, Neil Chatterji from B.Riley Financial maintained a Buy rating on Butterfly Network (BFLY – Research Report), with a price target of $7.50. The company’s shares closed yesterday at $1.87.
Chatterji covers the Healthcare sector, focusing on stocks such as PROCEPT BioRobotics, ClearPoint Neuro, and Viewray. According to TipRanks, Chatterji has an average return of -6.6% and a 34.62% success rate on recommended stocks.
Butterfly Network has an analyst consensus of Moderate Buy, with a price target consensus of $4.88.
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BFLY market cap is currently $382.5M and has a P/E ratio of -2.23.
Based on the recent corporate insider activity of 25 insiders, corporate insider sentiment is negative on the stock. This means that over the past quarter there has been an increase of insiders selling their shares of BFLY in relation to earlier this year.
TipRanks has tracked 36,000 company insiders and found that a few of them are better than others when it comes to timing their transactions. See which 3 stocks are most likely to make moves following their insider activities.
Longview Acquisition Corp is a blank check company.
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