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Analysts Offer Insights on Healthcare Companies: Xenon (XENE) and Alphatec Holdings (ATEC)

Tipranks - Thu Feb 26, 6:12AM CST

Analysts have been eager to weigh in on the Healthcare sector with new ratings on Xenon (XENEResearch Report) and Alphatec Holdings (ATECResearch Report).

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Xenon (XENE)

In a report released today, Tessa Romero from J.P. Morgan reiterated a Buy rating on Xenon, with a price target of $62.00. The company’s shares closed last Tuesday at $44.79, close to its 52-week high of $46.00.

According to TipRanks.com, Romero is a 4-star analyst with an average return of 15.8% and a 54.4% success rate. Romero covers the Healthcare sector, focusing on stocks such as Neumora Therapeutics, Inc., Edgewise Therapeutics, and Upstream Bio, Inc. ;'>

Currently, the analyst consensus on Xenon is a Strong Buy with an average price target of $55.63, a 28.3% upside from current levels. In a report issued on February 23, Wolfe Research also initiated coverage with a Buy rating on the stock with a $60.00 price target.

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Alphatec Holdings (ATEC)

Morgan Stanley analyst Patrick Wood maintained a Hold rating on Alphatec Holdings today and set a price target of $23.00. The company’s shares closed last Tuesday at $13.93, close to its 52-week high of $14.54.

According to TipRanks.com, Wood is a 1-star analyst with an average return of -0.6% and a 50.3% success rate. Wood covers the Healthcare sector, focusing on stocks such as GE Healthcare Technologies Inc, Shoulder Innovations, Inc., and Bausch + Lomb Corporation. ;'>

The word on The Street in general, suggests a Strong Buy analyst consensus rating for Alphatec Holdings with a $24.67 average price target, implying an 87.2% upside from current levels. In a report released today, TipRanks – OpenAI also reiterated a Hold rating on the stock with a $14.00 price target.

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