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Piper Sandler Sticks to Its Buy Rating for TransMedics Group (TMDX)


Piper Sandler Sticks to Its Buy Rating for TransMedics Group (TMDX)

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O'Brien covers the Healthcare sector, focusing on stocks such as TransMedics Group, Boston Scientific, and Dexcom. According to TipRanks, O'Brien has an average return of 0.2% and a 45.38% success rate on recommended stocks.

Currently, the analyst consensus on TransMedics Group is a Moderate Buy with an average price target of $103.13, representing a 48.75% upside. In a report released on February 28, Canaccord Genuity also maintained a Buy rating on the stock with a $104.00 price target.

Based on TransMedics Group's latest earnings release for the quarter ending December 31, the company reported a quarterly revenue of $121.62 million and a net profit of $6.86 million. In comparison, last year the company earned a revenue of $81.17 million and had a net profit of $4.03 million

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