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Analysts Offer Insights on Healthcare Companies: Nanosonics Limited (OtherNNCSF) and Novavax (NVAX)

Tipranks - Wed Feb 25, 5:40PM CST

Analysts fell to the sidelines weighing in on Nanosonics Limited (NNCSFResearch Report) and Novavax (NVAXResearch Report) with neutral ratings, indicating that the experts are neither bullish nor bearish on the stocks.

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Nanosonics Limited (NNCSF)

In a report released today, John Hester from Bell Potter upgraded Nanosonics Limited to Hold, with a price target of A$3.60. The company’s shares closed last Tuesday at $2.30.

According to TipRanks.com, Hester is a 4-star analyst with an average return of 13.9% and a 50.0% success rate. Hester covers the Healthcare sector, focusing on stocks such as Telix Pharmaceuticals, Pro Medicus Limited, and Mesoblast Limited. ;'>

Nanosonics Limited has an analyst consensus of Moderate Buy, with a price target consensus of $3.07, a 33.5% upside from current levels. In a report released today, TipRanks – OpenAI also downgraded the stock to Hold with a A$4.00 price target.

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

Novavax (NVAX)

In a report released today, Chris LoBianco from TD Cowen maintained a Hold rating on Novavax, with a price target of $8.00. The company’s shares closed last Tuesday at $9.46.

The word on The Street in general, suggests a Hold analyst consensus rating for Novavax with a $11.50 average price target.

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