Analysts Offer Insights on Healthcare Companies: Endologix Inc (NASDAQ: ELGX) and ImmunoGen (NASDAQ: IMGN)


Companies in the Healthcare sector have received a lot of coverage today as analysts weigh in on Endologix Inc (NASDAQ: ELGX) and ImmunoGen (NASDAQ: IMGN).

Endologix Inc (NASDAQ: ELGX)

Canaccord Genuity analyst Jason Mills maintained a Hold rating on Endologix Inc (NASDAQ: ELGX) today and set a price target of $5. The company’s shares opened today at $4.25, close to its 52-week low of $3.75.

According to TipRanks.com, Mills is a top 25 analyst with an average return of 24.0% and a 78.0% success rate. Mills covers the Healthcare sector, focusing on stocks such as Tactile Systems Technology, Boston Scientific Corp, and Staar Surgical Company.

Currently, the analyst consensus on Endologix Inc is Moderate Buy and the average price target is $6, representing a 41.2% upside.

In a report released today, Oppenheimer also maintained a Hold rating on the stock with a $5 price target.

Find more picks by Best Performing Analysts >>

ImmunoGen (NASDAQ: IMGN)

Canaccord Genuity analyst John Newman maintained a Buy rating on ImmunoGen (NASDAQ: IMGN) today and set a price target of $20. The company’s shares opened today at $11.31.

According to TipRanks.com, Newman is a 5-star analyst with an average return of 15.5% and a 44.5% success rate. Newman covers the Healthcare sector, focusing on stocks such as Hutchison China MediTech Ltd, Synergy Pharmaceuticals Inc, and Aileron Therapeutics Inc.

Currently, the analyst consensus on ImmunoGen is Moderate Buy and the average price target is $14.80, representing a 30.9% upside.

In a report issued on April 27, H.C. Wainwright also assigned a Buy rating to the stock with a $18 price target.

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