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Analysts Offer Insights on Healthcare Companies: Align Tech (ALGN), AbCellera Biologics (ABCL) and Pulmonx (LUNG)

Tipranks - Fri May 1, 10:36AM CDT

There’s a lot to be optimistic about in the Healthcare sector as 3 analysts just weighed in on Align Tech (ALGN), AbCellera Biologics (ABCL) and Pulmonx (LUNG) with bullish sentiments.

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Align Tech (ALGN)

Stifel Nicolaus analyst Jonathan Block maintained a Buy rating on Align Tech today and set a price target of $210.00. The company’s shares closed last Thursday at $173.99, close to its 52-week low of $157.57.

According to TipRanks.com, Block is a 4-star analyst with an average return of 4.0% and a 46.8% success rate. Block covers the Healthcare sector, focusing on stocks such as Inspire Medical Systems, Tandem Diabetes Care, and Elanco Animal Health. ;'>

Align Tech has an analyst consensus of Moderate Buy, with a price target consensus of $203.43, representing a 14.9% upside. In a report issued on April 16, Citi also initiated coverage with a Buy rating on the stock with a $240.00 price target.

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AbCellera Biologics (ABCL)

In a report released today, Stephen Willey from Stifel Nicolaus maintained a Buy rating on AbCellera Biologics, with a price target of $7.00. The company’s shares closed last Thursday at $3.99.

According to TipRanks.com, Willey is a 4-star analyst with an average return of 8.8% and a 43.0% success rate. Willey covers the Healthcare sector, focusing on stocks such as Janux Therapeutics Inc, Compass Therapeutics, and Abeona Therapeutics. ;'>

AbCellera Biologics has an analyst consensus of Strong Buy, with a price target consensus of $8.33, representing an 114.7% upside. In a report issued on April 15, Truist Financial also maintained a Buy rating on the stock.

Pulmonx (LUNG)

In a report released today, Rick Wise from Stifel Nicolaus maintained a Buy rating on Pulmonx, with a price target of $2.50. The company’s shares closed last Thursday at $1.26.

According to TipRanks.com, Wise has currently 0 stars on a ranking scale of 0-5 stars, with an average return of -2.7% and a 43.0% success rate. Wise covers the Healthcare sector, focusing on stocks such as Kestra Medical Technologies Ltd., GE Healthcare Technologies Inc, and Treace Medical Concepts. ;'>

Pulmonx has an analyst consensus of Strong Buy, with a price target consensus of $3.50, which is a 196.6% upside from current levels. In a report released today, Canaccord Genuity also reiterated a Buy rating on the stock with a $5.00 price target.

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