Hinge Health (NYSE:HNGE - Free Report) had its price target increased by Stifel Nicolaus from $48.00 to $55.00 in a report issued on Friday,Benzinga reports. The brokerage currently has a buy rating on the stock.
Several other brokerages also recently weighed in on HNGE. William Blair assumed coverage on Hinge Health in a report on Monday, June 16th. They issued an "outperform" rating on the stock. JMP Securities assumed coverage on Hinge Health in a report on Monday, July 14th. They issued a "market outperform" rating and a $58.00 price target on the stock. Wall Street Zen upgraded Hinge Health to a "hold" rating in a report on Monday, June 2nd. Citigroup started coverage on Hinge Health in a research report on Monday, July 14th. They issued an "outperform" rating for the company. Finally, Truist Financial started coverage on Hinge Health in a research report on Monday, June 16th. They issued a "buy" rating and a $48.00 price objective for the company. One investment analyst has rated the stock with a hold rating, fifteen have issued a buy rating and one has issued a strong buy rating to the company. According to data from MarketBeat, the company presently has a consensus rating of "Buy" and a consensus price target of $49.86.
Check Out Our Latest Analysis on HNGE
Hinge Health Trading Down 2.7%
Hinge Health stock traded down $1.31 during midday trading on Friday, reaching $46.91. 596,625 shares of the stock traded hands, compared to its average volume of 868,940. Hinge Health has a 12 month low of $33.42 and a 12 month high of $52.16. The business's fifty day moving average price is $43.30.
Institutional Investors Weigh In On Hinge Health
Large investors have recently made changes to their positions in the company. Emerald Advisers LLC acquired a new position in Hinge Health in the 2nd quarter worth approximately $108,000. FNY Investment Advisers LLC acquired a new stake in shares of Hinge Health during the 2nd quarter valued at $310,000. Strategic Blueprint LLC acquired a new stake in shares of Hinge Health during the 2nd quarter valued at $346,000. Finally, CHURCHILL MANAGEMENT Corp acquired a new stake in shares of Hinge Health during the 2nd quarter valued at $828,000.
About Hinge Health
(
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Our vision is to build a new health system that transforms outcomes, experience and costs by using technology to scale and automate the delivery of care. Hinge Health leverages software, including AI, to largely automate care for joint and muscle health, delivering an outstanding member experience, improved member outcomes, and cost reductions for our clients.
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