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Analysts Are Bullish on Top Healthcare Stocks: Augmedix (AUGX), ReShape Lifesciences (RSLS)

There’s a lot to be optimistic about in the Healthcare sector as 2 analysts just weighed in on Augmedix (AUGXResearch Report) and ReShape Lifesciences (RSLSResearch Report) with bullish sentiments.

Augmedix (AUGX)

In a report released yesterday, Allen Klee from Maxim Group reiterated a Buy rating on Augmedix, with a price target of $8.00. The company’s shares closed last Tuesday at $4.87, close to its 52-week high of $5.36.

According to TipRanks.com, Klee is ranked 0 out of 5 stars with an average return of -19.4% and a 24.1% success rate. Klee covers the Technology sector, focusing on stocks such as T Stamp, Inc. Class A, ARB IOT Group Limited, and Research Solutions.

The word on The Street in general, suggests a Strong Buy analyst consensus rating for Augmedix with a $6.83 average price target, a 61.1% upside from current levels. In a report released yesterday, B.Riley Financial also reiterated a Buy rating on the stock with a $6.50 price target.

See the top stocks recommended by analysts >>

ReShape Lifesciences (RSLS)

In a report released yesterday, Anthony Vendetti from Maxim Group maintained a Buy rating on ReShape Lifesciences. The company’s shares closed last Tuesday at $1.28, close to its 52-week low of $1.17.

According to TipRanks.com, Vendetti is currently ranked with 0 stars on a 0-5 stars ranking scale, with an average return of -2.5% and a 31.9% success rate. Vendetti covers the Healthcare sector, focusing on stocks such as Helius Medical Technologies, Guardion Health Sciences, and SeaStar Medical Holding.

The the analyst consensus on ReShape Lifesciences is currently a Moderate Buy rating.

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