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Analysts Offer Insights on Healthcare Companies: Molina Healthcare (MOH), Dexcom (DXCM) and Tenaya Therapeutics (TNYA)

There’s a lot to be optimistic about in the Healthcare sector as 3 analysts just weighed in on Molina Healthcare (MOHResearch Report), Dexcom (DXCMResearch Report) and Tenaya Therapeutics (TNYAResearch Report) with bullish sentiments.

Molina Healthcare (MOH)

In a report issued on February 8, Ann Hynes from Mizuho Securities maintained a Buy rating on Molina Healthcare, with a price target of $415.00. The company’s shares closed last Monday at $392.63, close to its 52-week high of $393.34.

According to TipRanks.com, Hynes is a 5-star analyst with an average return of 8.0% and a 62.2% success rate. Hynes covers the Healthcare sector, focusing on stocks such as Walgreens Boots Alliance, Pediatrix Medical Group, and Quest Diagnostics.

The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Molina Healthcare with a $402.78 average price target, a 3.5% upside from current levels. In a report issued on February 8, Cantor Fitzgerald also maintained a Buy rating on the stock with a $406.00 price target.

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

Dexcom (DXCM)

In a report issued on February 8, Jeff Johnson from Robert W. Baird maintained a Buy rating on Dexcom, with a price target of $161.00. The company’s shares closed last Monday at $118.42.

According to TipRanks.com, Johnson is a 5-star analyst with an average return of 15.6% and a 56.1% success rate. Johnson covers the Healthcare sector, focusing on stocks such as Zimmer Biomet Holdings, Patterson Companies, and Envista Holdings.

Currently, the analyst consensus on Dexcom is a Strong Buy with an average price target of $146.92, implying a 22.9% upside from current levels. In a report issued on January 26, Wells Fargo also maintained a Buy rating on the stock with a $145.00 price target.

Tenaya Therapeutics (TNYA)

In a report issued on February 8, Mani Foroohar from Leerink Partners reiterated a Buy rating on Tenaya Therapeutics, with a price target of $7.00. The company’s shares closed last Monday at $5.66.

According to TipRanks.com, Foroohar is a 2-star analyst with an average return of -0.1% and a 49.8% success rate. Foroohar covers the Healthcare sector, focusing on stocks such as Arrowhead Pharmaceuticals, 4D Molecular Therapeutics, and Lexeo Therapeutics, Inc.

Tenaya Therapeutics has an analyst consensus of Moderate Buy, with a price target consensus of $7.00.

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