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Analysts Offer Insights on Healthcare Companies: Atricure (ATRC) and Akoya Biosciences (AKYA)

There’s a lot to be optimistic about in the Healthcare sector as 2 analysts just weighed in on Atricure (ATRCResearch Report) and Akoya Biosciences (AKYAResearch Report) with bullish sentiments.

Atricure (ATRC)

Piper Sandler analyst Matthew O’Brien assigned a Buy rating to Atricure on December 18 and set a price target of $65.00. The company’s shares closed last Wednesday at $34.48, close to its 52-week low of $32.27.

According to TipRanks.com, O’Brien is a 4-star analyst with an average return of 6.3% and a 52.8% success rate. O’Brien covers the Healthcare sector, focusing on stocks such as Orchestra BioMed Holdings, Tandem Diabetes Care, and PROCEPT BioRobotics.

The word on The Street in general, suggests a Strong Buy analyst consensus rating for Atricure with a $55.00 average price target.

See Insiders’ Hot Stocks on TipRanks >>

Akoya Biosciences (AKYA)

In a report issued on December 18, David Westenberg from Piper Sandler assigned a Buy rating to Akoya Biosciences, with a price target of $8.00. The company’s shares closed last Wednesday at $4.71.

According to TipRanks.com, Westenberg is a 3-star analyst with an average return of 2.0% and a 52.4% success rate. Westenberg covers the Healthcare sector, focusing on stocks such as Adaptive Biotechnologies, Elanco Animal Health, and Pacific Biosciences.

Currently, the analyst consensus on Akoya Biosciences is a Strong Buy with an average price target of $9.00, representing a 92.7% upside. In a report issued on December 19, Canaccord Genuity also maintained a Buy rating on the stock with a $10.00 price target.

TipRanks has tracked 36,000 company insiders and found that a few of them are better than others when it comes to timing their transactions. See which 3 stocks are most likely to make moves following their insider activities.

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