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Analysts’ Opinions Are Mixed on These Healthcare Stocks: Dexcom (DXCM), Orthofix (OFIX) and Medtronic (MDT)

Analysts have been eager to weigh in on the Healthcare sector with new ratings on Dexcom (DXCMResearch Report), Orthofix (OFIXResearch Report) and Medtronic (MDTResearch Report).

Dexcom (DXCM)

BTIG analyst Marie Thibault reiterated a Buy rating on Dexcom yesterday and set a price target of $150.00. The company’s shares closed last Tuesday at $121.78.

According to TipRanks.com, Thibault is a 1-star analyst with an average return of -0.5% and a 35.9% success rate. Thibault covers the Healthcare sector, focusing on stocks such as Establishment Labs Holdings, Edwards Lifesciences, and Irhythm Technologies.

Currently, the analyst consensus on Dexcom is a Strong Buy with an average price target of $149.00, representing a 21.1% upside. In a report issued on March 1, Piper Sandler also maintained a Buy rating on the stock with a $150.00 price target.

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

Orthofix (OFIX)

BTIG analyst Ryan Zimmerman maintained a Hold rating on Orthofix yesterday. The company’s shares closed last Tuesday at $13.00.

According to TipRanks.com, Zimmerman is a 5-star analyst with an average return of 11.9% and a 50.2% success rate. Zimmerman covers the Healthcare sector, focusing on stocks such as GE Healthcare Technologies Inc, Tactile Systems Technology, and Treace Medical Concepts.

The the analyst consensus on Orthofix is currently a Hold rating.

Medtronic (MDT)

In a report issued on March 1, Shagun Singh Chadha from RBC Capital maintained a Hold rating on Medtronic, with a price target of $92.00. The company’s shares closed last Tuesday at $84.60.

According to TipRanks.com, Chadha is a 3-star analyst with an average return of 1.6% and a 46.7% success rate. Chadha covers the Healthcare sector, focusing on stocks such as Axonics Modulation Technologies, Zimmer Biomet Holdings, and Edwards Lifesciences.

The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Medtronic with a $93.75 average price target, implying a 9.7% upside from current levels. In a report issued on February 20, J.P. Morgan also maintained a Hold rating on the stock with a $88.00 price target.

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