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Analysts’ Top Healthcare Picks: RxSight (RXST), Adaptive Biotechnologies (ADPT)

There’s a lot to be optimistic about in the Healthcare sector as 2 analysts just weighed in on RxSight (RXSTResearch Report) and Adaptive Biotechnologies (ADPTResearch Report) with bullish sentiments.

RxSight (RXST)

BTIG analyst Ryan Zimmerman maintained a Buy rating on RxSight yesterday and set a price target of $61.00. The company’s shares closed last Friday at $54.95, close to its 52-week high of $56.85.

According to TipRanks.com, Zimmerman is a 5-star analyst with an average return of 12.6% and a 51.2% success rate. Zimmerman covers the Healthcare sector, focusing on stocks such as GE Healthcare Technologies Inc, Tactile Systems Technology, and Treace Medical Concepts.

The word on The Street in general, suggests a Strong Buy analyst consensus rating for RxSight with a $48.88 average price target, representing a -11.1% downside. In a report issued on February 12, Stifel Nicolaus also maintained a Buy rating on the stock with a $54.00 price target.

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

Adaptive Biotechnologies (ADPT)

In a report released yesterday, Mark Massaro from BTIG reiterated a Buy rating on Adaptive Biotechnologies, with a price target of $6.00. The company’s shares closed last Friday at $3.85, close to its 52-week low of $2.61.

According to TipRanks.com, Massaro is ranked 0 out of 5 stars with an average return of -15.1% and a 31.7% success rate. Massaro covers the Healthcare sector, focusing on stocks such as BioNano Genomics, Guardant Health, and Renalytix AI.

The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Adaptive Biotechnologies with a $7.00 average price target, implying a 79.0% upside from current levels. In a report issued on February 15, TD Cowen also maintained a Buy rating on the stock.

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