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Analysts Are Bullish on These Healthcare Stocks: Globus Medical (GMED), DocGo (DCGO)

There’s a lot to be optimistic about in the Healthcare sector as 3 analysts just weighed in on Globus Medical (GMEDResearch Report), DocGo (DCGOResearch Report) and Codexis (CDXSResearch Report) with bullish sentiments.

Globus Medical (GMED)

In a report released today, Mathew Blackman from Stifel Nicolaus maintained a Buy rating on Globus Medical, with a price target of $61.00. The company’s shares closed last Wednesday at $53.16.

According to TipRanks.com, Blackman is a 4-star analyst with an average return of 18.5% and a 50.6% success rate. Blackman covers the Healthcare sector, focusing on stocks such as Tandem Diabetes Care, Alphatec Holdings, and ClearPoint Neuro.

The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Globus Medical with a $65.18 average price target, implying a 20.5% upside from current levels. In a report issued on December 19, Canaccord Genuity also maintained a Buy rating on the stock with a $71.00 price target.

See the top stocks recommended by analysts >>

DocGo (DCGO)

In a report released today, David Grossman from Stifel Nicolaus maintained a Buy rating on DocGo, with a price target of $12.00. The company’s shares closed last Wednesday at $5.53, close to its 52-week low of $4.80.

According to TipRanks.com, Grossman is a 5-star analyst with an average return of 11.5% and a 63.3% success rate. Grossman covers the Technology sector, focusing on stocks such as Exlservice Holdings, DXC Technology, and Accenture.

DocGo has an analyst consensus of Strong Buy, with a price target consensus of $12.40.

Codexis (CDXS)

Stifel Nicolaus analyst Daniel Arias maintained a Buy rating on Codexis today and set a price target of $5.00. The company’s shares closed last Wednesday at $3.37.

According to TipRanks.com, Arias is currently ranked with 0 stars on a 0-5 stars ranking scale, with an average return of -7.4% and a 42.5% success rate. Arias covers the Healthcare sector, focusing on stocks such as Maravai Lifesciences Holdings, Exact Sciences, and Mettler-Toledo.

Currently, the analyst consensus on Codexis is a Moderate Buy with an average price target of $5.67, implying a 68.2% upside from current levels. In a report issued on December 14, Craig-Hallum also assigned a Buy rating to the stock.

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