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Analysts Offer Insights on Healthcare Companies: Annexon Biosciences (ANNX), Medtronic (MDT) and Progyny (PGNY)

Analysts have been eager to weigh in on the Healthcare sector with new ratings on Annexon Biosciences (ANNXResearch Report), Medtronic (MDTResearch Report) and Progyny (PGNYResearch Report).

Annexon Biosciences (ANNX)

In a report released today, Joseph Stringer from Needham maintained a Buy rating on Annexon Biosciences, with a price target of $16.00. The company’s shares closed last Wednesday at $2.88.

According to TipRanks.com, Stringer is a 1-star analyst with an average return of -2.7% and a 39.0% success rate. Stringer covers the Healthcare sector, focusing on stocks such as Apellis Pharmaceuticals, Phathom Pharmaceuticals, and Vertex Pharmaceuticals.

Annexon Biosciences has an analyst consensus of Strong Buy, with a price target consensus of $15.75, representing a 460.5% upside. In a report issued on December 14, Wells Fargo also maintained a Buy rating on the stock with a $11.00 price target.

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

Medtronic (MDT)

In a report released today, Ryan Zimmerman from BTIG maintained a Hold rating on Medtronic. The company’s shares closed last Wednesday at $80.61.

According to TipRanks.com, Zimmerman is a 4-star analyst with an average return of 7.7% and a 46.2% success rate. Zimmerman covers the Healthcare sector, focusing on stocks such as GE Healthcare Technologies Inc, Tactile Systems Technology, and Treace Medical Concepts.

Medtronic has an analyst consensus of Moderate Buy, with a price target consensus of $88.20, a 7.8% upside from current levels. In a report issued on December 7, Piper Sandler also assigned a Hold rating to the stock with a $87.00 price target.

Progyny (PGNY)

BTIG analyst David Larsen reiterated a Buy rating on Progyny yesterday and set a price target of $45.00. The company’s shares closed last Wednesday at $36.37.

According to TipRanks.com, Larsen is currently ranked with 0 stars on a 0-5 stars ranking scale, with an average return of -8.7% and a 31.9% success rate. Larsen covers the Healthcare sector, focusing on stocks such as Apollo Medical Holdings, Privia Health Group, and P3 Health Partners.

Progyny has an analyst consensus of Strong Buy, with a price target consensus of $46.00.

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