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Wall Street Analysts Are Bullish on Top Healthcare Picks

Tipranks - Tue Feb 10, 3:46AM CST

There’s a lot to be optimistic about in the Healthcare sector as 3 analysts just weighed in on Align Tech (ALGNResearch Report), Immix Biopharma (IMMXResearch Report) and Beta Bionics, Inc. (BBNXResearch Report) with bullish sentiments.

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Align Tech (ALGN)

HSBC analyst Sidharth Sahoo upgraded Align Tech to Buy today and set a price target of $200.00. The company’s shares closed last Friday at $187.60.

According to TipRanks.com, Sahoo is a 1-star analyst with an average return of -0.3% and a 36.8% success rate. Sahoo covers the Healthcare sector, focusing on stocks such as Thermo Fisher, Agilent, and Zoetis. ;'>

Currently, the analyst consensus on Align Tech is a Moderate Buy with an average price target of $196.89, representing a 10.7% upside. In a report issued on January 26, TipRanks – Google also upgraded the stock to Buy with a $188.00 price target.

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Immix Biopharma (IMMX)

Mizuho Securities analyst Graig Suvannavejh initiated coverage with a Buy rating on Immix Biopharma today and set a price target of $14.00. The company’s shares closed last Friday at $6.74.

According to TipRanks.com, Suvannavejh is a 5-star analyst with an average return of 19.9% and a 49.1% success rate. Suvannavejh covers the Healthcare sector, focusing on stocks such as Harmony Biosciences Holdings, Amylyx Pharmaceuticals Inc, and Neumora Therapeutics, Inc. ;'>

Currently, the analyst consensus on Immix Biopharma is a Moderate Buy with an average price target of $12.00.

Beta Bionics, Inc. (BBNX)

Beta Bionics, Inc. received a Buy rating and a $24.00 price target from UBS analyst Danielle Antalffy on February 6. The company’s shares closed last Friday at $13.08, close to its 52-week low of $11.43.

According to TipRanks.com, Antalffy is a 4-star analyst with an average return of 2.8% and a 50.7% success rate. Antalffy covers the Healthcare sector, focusing on stocks such as Inspire Medical Systems, Zimmer Biomet Holdings, and Edwards Lifesciences. ;'>

The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Beta Bionics, Inc. with a $27.50 average price target, implying a 104.2% upside from current levels. In a report issued on February 2, Piper Sandler also maintained a Buy rating on the stock with a $32.00 price target.

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