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Analysts Conflicted on These Healthcare Names: Resmed (RMD) and MiMedx Group (MDXG)

Companies in the Healthcare sector have received a lot of coverage today as analysts weigh in on Resmed (RMDResearch Report) and MiMedx Group (MDXGResearch Report).

Resmed (RMD)

Jefferies analyst Matthew Taylor maintained a Hold rating on Resmed today and set a price target of $158.00. The company’s shares closed last Thursday at $138.73, close to its 52-week low of $136.02.

According to TipRanks.com, Taylor is a 5-star analyst with an average return of 8.6% and a 57.4% success rate. Taylor covers the Healthcare sector, focusing on stocks such as Edwards Lifesciences, Tandem Diabetes Care, and Senseonics Holdings.

The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Resmed with a $188.20 average price target, which is a 34.6% upside from current levels. In a report issued on October 12, RBC Capital also downgraded the stock to Hold with a $202.00 price target.

See Insiders’ Hot Stocks on TipRanks >>

MiMedx Group (MDXG)

In a report released today, Chase Knickerbocker from Craig-Hallum initiated coverage with a Buy rating on MiMedx Group and a price target of $12.00. The company’s shares closed last Thursday at $6.13.

According to TipRanks.com, Knickerbocker is a 3-star analyst with an average return of 1.7% and a 36.4% success rate. Knickerbocker covers the Healthcare sector, focusing on stocks such as Phathom Pharmaceuticals, Xtant Medical Holdings, and Fennec Pharmaceuticals.

MiMedx Group has an analyst consensus of Strong Buy, with a price target consensus of $12.25.

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