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Analysts Offer Insights on Healthcare Companies: DermTech (DMTK) and NeuroPace (NPCE)

There’s a lot to be optimistic about in the Healthcare sector as 2 analysts just weighed in on DermTech (DMTKResearch Report) and NeuroPace (NPCEResearch Report) with bullish sentiments.

DermTech (DMTK)

Lake Street analyst Thomas Flaten maintained a Buy rating on DermTech today and set a price target of $6.00. The company’s shares closed last Thursday at $2.57, close to its 52-week low of $1.55.

According to TipRanks.com, Flaten is a 1-star analyst with an average return of -3.6% and a 32.9% success rate. Flaten covers the Healthcare sector, focusing on stocks such as Better Therapeutics, Inc., Checkpoint Therapeutics, and Aquestive Therapeutics.

The word on The Street in general, suggests a Strong Buy analyst consensus rating for DermTech with a $6.00 average price target, a 167.9% upside from current levels. In a report released today, Craig-Hallum also assigned a Buy rating to the stock.

See the top stocks recommended by analysts >>

NeuroPace (NPCE)

Lake Street analyst Frank Takkinen reiterated a Buy rating on NeuroPace today and set a price target of $10.00. The company’s shares closed last Wednesday at $4.36.

According to TipRanks.com, Takkinen is a 1-star analyst with an average return of -3.8% and a 35.4% success rate. Takkinen covers the Healthcare sector, focusing on stocks such as ClearPoint Neuro, Greenbrook Tms, and Apyx Medical.

The word on The Street in general, suggests a Hold analyst consensus rating for NeuroPace with a $7.50 average price target.

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