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Analysts Offer Insights on Healthcare Companies: Avita Medical (RCEL) and Ehealth (EHTH)

There’s a lot to be optimistic about in the Healthcare sector as 2 analysts just weighed in on Avita Medical (RCELResearch Report) and Ehealth (EHTHResearch Report) with bullish sentiments.

Avita Medical (RCEL)

Lake Street analyst Brooks O’Neil reiterated a Buy rating on Avita Medical today and set a price target of $40.00. The company’s shares closed last Monday at $10.80.

According to TipRanks.com, O’Neil is a 1-star analyst with an average return of -1.5% and a 42.3% success rate. O’Neil covers the Healthcare sector, focusing on stocks such as Streamline Health Solutions, InfuSystem Holdings, Inc., and Alphatec Holdings.

Currently, the analyst consensus on Avita Medical is a Strong Buy with an average price target of $28.40, a 100.6% upside from current levels. In a report released yesterday, Cantor Fitzgerald also assigned a Buy rating to the stock with a $26.00 price target.

See today’s best-performing stocks on TipRanks >>

Ehealth (EHTH)

Craig-Hallum analyst Alexander Nowak maintained a Buy rating on Ehealth today. The company’s shares closed last Monday at $7.77.

According to TipRanks.com, Nowak has currently 0 stars on a ranking scale of 0-5 stars, with an average return of -7.1% and a 30.6% success rate. Nowak covers the Healthcare sector, focusing on stocks such as NeuroOne Medical Technologies, InfuSystem Holdings, Inc., and Accelerate Diagnostics.

The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Ehealth with a $11.50 average price target.

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