HTG Molecular Diagnostics Gets a Buy Rating from H.C. Wainwright


H.C. Wainwright analyst Ram Selvaraju reiterated a Buy rating on HTG Molecular Diagnostics (NASDAQ: HTGM) today and set a price target of $7. The company’s shares closed yesterday at $3.86.

According to TipRanks.com, Selvaraju is currently ranked with no stars on a 0-5 star ranking scale, with an average return of -6.6% and a 37.6% success rate. Selvaraju covers the Healthcare sector, focusing on stocks such as IntelliPharmaCeutics International, Biospecifics Technologies Corp, and EyePoint Pharmaceuticals Inc.

HTG Molecular Diagnostics has an analyst consensus of Moderate Buy, with a price target consensus of $7.

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The company has a one-year high of $5.83 and a one-year low of $1.59. Currently, HTG Molecular Diagnostics has an average volume of 1.43M.

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HTG Molecular Diagnostics, Inc. engages in the provision of molecular technology solutions that facilitates molecular profiling. Its customers include biopharmaceutical companies, academic research centers, and molecular testing laboratories. The company was founded by Bruce E. Seligmann in October 1997 and is headquartered in Tucson, AZ.

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