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Analysts Are Bullish on These Healthcare Stocks: MiMedx Group (MDXG), Ufp Technologies (UFPT)

Tipranks - Tue Feb 24, 9:24AM CST

There’s a lot to be optimistic about in the Healthcare sector as 3 analysts just weighed in on MiMedx Group (MDXGResearch Report), Ufp Technologies (UFPTResearch Report) and Travere Therapeutics (TVTXResearch Report) with bullish sentiments.

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MiMedx Group (MDXG)

In a report released today, Chase Knickerbocker from Craig-Hallum maintained a Buy rating on MiMedx Group. The company’s shares closed last Monday at $5.19.

According to TipRanks.com, Knickerbocker is a 5-star analyst with an average return of 34.1% and a 59.1% success rate. Knickerbocker covers the Healthcare sector, focusing on stocks such as Phathom Pharmaceuticals, Diamedica Therapeutics, and Fennec Pharmaceuticals. ;'>

MiMedx Group has an analyst consensus of Strong Buy, with a price target consensus of $9.60, representing an 82.5% upside. In a report released today, Citizens JMP also initiated coverage with a Buy rating on the stock with a $10.00 price target.

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Ufp Technologies (UFPT)

Lake Street analyst Max Michaelis maintained a Buy rating on Ufp Technologies today. The company’s shares closed last Monday at $232.68.

According to TipRanks.com, Michaelis is a 5-star analyst with an average return of 80.8% and a 64.3% success rate. Michaelis covers the Technology sector, focusing on stocks such as Benchmark Electronics, Aehr Test Systems, and Quantum Computing. ;'>

The the analyst consensus on Ufp Technologies is currently a Moderate Buy rating.

Travere Therapeutics (TVTX)

In a report released today, Anupam Rama from J.P. Morgan maintained a Buy rating on Travere Therapeutics. The company’s shares closed last Monday at $29.78.

According to TipRanks.com, Rama is a 5-star analyst with an average return of 20.2% and a 52.1% success rate. Rama covers the Healthcare sector, focusing on stocks such as Day One Biopharmaceuticals, Ultragenyx Pharmaceutical, and Maze Therapeutics, Inc. ;'>

The word on The Street in general, suggests a Strong Buy analyst consensus rating for Travere Therapeutics with a $42.73 average price target, which is a 43.2% upside from current levels. In a report issued on February 20, TipRanks – Google also upgraded the stock to Buy with a $33.00 price target.

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