Hinge Health (NYSE:HNGE) Coverage Initiated by Analysts at Evercore ISI

Evercore ISI assumed coverage on shares of Hinge Health (NYSE:HNGE) in a research report released on Monday morning, MarketBeat reports. The firm issued an outperform rating and a $50.00 price objective on the stock.

Other equities research analysts have also recently issued research reports about the company. KeyCorp assumed coverage on Hinge Health in a report on Monday. They set an “overweight” rating and a $45.00 price objective on the stock. Barclays assumed coverage on Hinge Health in a report on Monday. They set an “overweight” rating and a $43.00 price objective on the stock. Wall Street Zen upgraded Hinge Health to a “hold” rating in a report on Monday, June 2nd. Needham & Company LLC assumed coverage on Hinge Health in a report on Monday. They set a “buy” rating and a $47.00 price objective on the stock. Finally, Canaccord Genuity Group assumed coverage on Hinge Health in a report on Monday. They issued a “buy” rating and a $52.00 target price on the stock. One investment analyst has rated the stock with a hold rating and thirteen have assigned a buy rating to the company’s stock. Based on data from MarketBeat, the company currently has an average rating of “Moderate Buy” and an average target price of $46.00.

Hinge Health Stock Performance

HNGE stock opened at $36.65 on Monday. Hinge Health has a 52-week low of $33.42 and a 52-week high of $43.80.

Hinge Health Company Profile

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.