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Analysts Offer Insights on Healthcare Companies: Lexaria Bioscience (LEXX), Evolus (EOLS) and Inspire Medical Systems (INSP)

There’s a lot to be optimistic about in the Healthcare sector as 3 analysts just weighed in on Lexaria Bioscience (LEXXResearch Report), Evolus (EOLSResearch Report) and Inspire Medical Systems (INSPResearch Report) with bullish sentiments.

Lexaria Bioscience (LEXX)

Maxim Group analyst Michael Okunewitch maintained a Buy rating on Lexaria Bioscience on January 17. The company’s shares closed last Monday at $1.52.

According to TipRanks.com, Okunewitch has 0 stars on 0-5 stars ranking scale with an average return of -28.2% and a 26.4% success rate. Okunewitch covers the Healthcare sector, focusing on stocks such as Acrivon Therapeutics, Inc., Anebulo Pharmaceuticals, and Citius Pharmaceuticals.

The the analyst consensus on Lexaria Bioscience is currently a Moderate Buy rating.

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

Evolus (EOLS)

Stifel Nicolaus analyst Annabel Samimy maintained a Buy rating on Evolus on January 17 and set a price target of $23.00. The company’s shares closed last Monday at $12.13, close to its 52-week high of $12.81.

According to TipRanks.com, Samimy is a 4-star analyst with an average return of 6.3% and a 45.9% success rate. Samimy covers the Healthcare sector, focusing on stocks such as Rani Therapeutics Holdings, Apellis Pharmaceuticals, and Calliditas Therapeutics.

Evolus has an analyst consensus of Strong Buy, with a price target consensus of $23.00, representing a 91.7% upside. In a report issued on January 17, Needham also maintained a Buy rating on the stock with a $22.00 price target.

Inspire Medical Systems (INSP)

In a report issued on January 17, Adam Maeder from Piper Sandler assigned a Buy rating to Inspire Medical Systems, with a price target of $250.00. The company’s shares closed last Monday at $208.11.

According to TipRanks.com, Maeder is a 5-star analyst with an average return of 14.3% and a 53.3% success rate. Maeder covers the Healthcare sector, focusing on stocks such as Axonics Modulation Technologies, Tactile Systems Technology, and Edwards Lifesciences.

The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Inspire Medical Systems with a $263.45 average price target, implying a 30.1% upside from current levels. In a report issued on January 19, Jefferies also initiated coverage with a Buy rating on the stock with a $245.00 price target.

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