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Barrington Keeps Their Hold Rating on Anika Therapeutics (ANIK)
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Barrington Keeps Their Hold Rating on Anika Therapeutics (ANIK)

Barrington analyst Michael Petusky maintained a Hold rating on Anika Therapeutics (ANIKResearch Report) today. The company’s shares closed yesterday at $25.29.

According to TipRanks, Petusky is a 4-star analyst with an average return of 6.4% and a 50.94% success rate. Petusky covers the Healthcare sector, focusing on stocks such as DENTSPLY SIRONA, Merit Medical Systems, and Anika Therapeutics.

The word on The Street in general, suggests a Hold analyst consensus rating for Anika Therapeutics with a $28.00 average price target.

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ANIK market cap is currently $372.9M and has a P/E ratio of -24.81.

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Anika Therapeutics, Inc. is an orthopedic and regenerative medicines company, which develops, manufactures and commercializes therapeutic products for pain management, tissue regeneration, and wound healing. Its products are based on hyaluronic acid, a natural chemical occurring, biocompatible polymer found throughout the body. It offers therapeutic products which include orthobiologics, dermal, ophthalmic, surgical, ophthalmic and veterinary. The company was founded in 1992 and is headquartered in Bedford, MA.

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