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H.C. Wainwright Thinks OpGen’s Stock is Going to Recover

H.C. Wainwright analyst Yi Chen reiterated a Buy rating on OpGen (OPGNResearch Report) today and set a price target of $3.00. The company’s shares closed last Thursday at $0.48, close to its 52-week low of $0.31.

According to TipRanks.com, Chen ‘s ranking currently consits of 0 on a 0-5 ranking scale, with an average return of -11.0% and a 31.9% success rate. Chen covers the Healthcare sector, focusing on stocks such as Ortho Clinical Diagnostics Holdings, Interpace Diagnostics Group, and HTG Molecular Diagnostics.

Currently, the analyst consensus on OpGen is a Moderate Buy with an average price target of $3.00.

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The company has a one-year high of $3.72 and a one-year low of $0.31. Currently, OpGen has an average volume of 406.6K.

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OpGen, Inc. engages in the development of molecular information products and services for global healthcare settings. It helps to guide clinicians with more rapid and actionable information about life threatening infections, improve patient outcomes, and decrease the spread of infections caused by multidrug-resistant microorganisms (MDROs). The company was founded on January 22, 2001 and is headquartered in Gaithersburg, MD.

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