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Analysts Offer Insights on Healthcare Companies: CareDx (CDNA), Merit Medical Systems (MMSI) and HealthStream (HSTM)

Companies in the Healthcare sector have received a lot of coverage today as analysts weigh in on CareDx (CDNAResearch Report), Merit Medical Systems (MMSIResearch Report) and HealthStream (HSTMResearch Report).

CareDx (CDNA)

Craig-Hallum analyst Alexander Nowak maintained a Hold rating on CareDx today. The company’s shares closed last Tuesday at $11.01.

According to TipRanks.com, Nowak is a 3-star analyst with an average return of 3.4% and a 45.0% success rate. Nowak covers the Healthcare sector, focusing on stocks such as NeuroOne Medical Technologies, Streamline Health Solutions, and InfuSystem Holdings, Inc.

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

See the top stocks recommended by analysts >>

Merit Medical Systems (MMSI)

Barrington analyst Michael Petusky maintained a Buy rating on Merit Medical Systems today and set a price target of $95.00. The company’s shares closed last Tuesday at $81.53, close to its 52-week high of $85.62.

According to TipRanks.com, Petusky is a 5-star analyst with an average return of 8.5% and a 54.5% success rate. Petusky covers the Healthcare sector, focusing on stocks such as ATI Physical Therapy, US Physical Therapy, and Lifecore Biomedical.

Currently, the analyst consensus on Merit Medical Systems is a Moderate Buy with an average price target of $90.50, representing a 13.3% upside. In a report issued on July 21, Piper Sandler also assigned a Buy rating to the stock with a $92.00 price target.

HealthStream (HSTM)

Barrington analyst Vincent Colicchio maintained a Hold rating on HealthStream today. The company’s shares closed last Tuesday at $22.88.

According to TipRanks.com, Colicchio is a 5-star analyst with an average return of 12.1% and a 58.7% success rate. Colicchio covers the Technology sector, focusing on stocks such as Information Services Group, Climb Global Solutions, and TD SYNNEX Corporation.

Currently, the analyst consensus on HealthStream is a Moderate Buy with an average price target of $22.00, which is a -13.2% downside from current levels. In a report released today, Canaccord Genuity also maintained a Hold rating on the stock with a $22.00 price target.

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