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Analysts Offer Insights on Healthcare Companies: Teleflex (TFX), Progyny (PGNY) and Wave Life Sciences (WVE)

Tipranks - Sat Feb 28, 8:20AM CST

Analysts have been eager to weigh in on the Healthcare sector with new ratings on Teleflex (TFXResearch Report), Progyny (PGNYResearch Report) and Wave Life Sciences (WVEResearch Report).

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Teleflex (TFX)

In a report released today, Richard Newitter from Truist Financial maintained a Hold rating on Teleflex. The company’s shares closed last Thursday at $119.02.

According to TipRanks.com, Newitter is a 5-star analyst with an average return of 10.1% and a 50.7% success rate. Newitter covers the Healthcare sector, focusing on stocks such as Treace Medical Concepts, Inspire Medical Systems, and Zimmer Biomet Holdings. ;'>

Currently, the analyst consensus on Teleflex is a Hold with an average price target of $127.50, implying a 17.5% upside from current levels. In a report released yesterday, RBC Capital also maintained a Hold rating on the stock with a $125.00 price target.

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Progyny (PGNY)

Truist Financial analyst Jailendra Singh maintained a Buy rating on Progyny today. The company’s shares closed last Thursday at $22.25.

According to TipRanks.com, Singh ‘s ranking currently consits of 0 on a 0-5 ranking scale, with an average return of -17.3% and a 31.2% success rate. Singh covers the Healthcare sector, focusing on stocks such as Hinge Health, Inc. Class A, Fortrea Holdings Inc., and Revolution Medicines. ;'>

Currently, the analyst consensus on Progyny is a Strong Buy with an average price target of $30.33, which is a 42.9% upside from current levels. In a report issued on February 23, Barclays also maintained a Buy rating on the stock with a $29.00 price target.

Wave Life Sciences (WVE)

In a report released today, Joon Lee from Truist Financial reiterated a Buy rating on Wave Life Sciences. The company’s shares closed last Thursday at $15.36, close to its 52-week high of $16.74.

According to TipRanks.com, Lee is a top 100 analyst with an average return of 34.7% and a 57.4% success rate. Lee covers the Healthcare sector, focusing on stocks such as Praxis Precision Medicines, Ultragenyx Pharmaceutical, and BioMarin Pharmaceutical. ;'>

Wave Life Sciences has an analyst consensus of Strong Buy, with a price target consensus of $32.57, implying a 123.4% upside from current levels. In a report issued on February 12, Wells Fargo also maintained a Buy rating on the stock with a $27.00 price target.

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