Oppenheimer analyst Suraj Kalia reiterated a Buy rating on Butterfly Network (BFLY – Research Report) today and set a price target of $3.75. The company’s shares closed yesterday at $0.97.
Kalia covers the Healthcare sector, focusing on stocks such as Edwards Lifesciences, Resmed, and TransMedics Group. According to TipRanks, Kalia has an average return of 3.8% and a 50.11% success rate on recommended stocks.
Currently, the analyst consensus on Butterfly Network is a Moderate Buy with an average price target of $3.63, a 274.65% upside from current levels. In a report released yesterday, B.Riley Financial also reiterated a Buy rating on the stock with a $3.50 price target.
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BFLY market cap is currently $167.7M and has a P/E ratio of -1.30.
Based on the recent corporate insider activity of 30 insiders, corporate insider sentiment is neutral on the stock.
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Butterfly Network (BFLY) Company Description:
Longview Acquisition Corp is a blank check company.
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