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Maxim Group Sticks to Their Buy Rating for Femasys (FEMY)

Maxim Group analyst Jason McCarthy maintained a Buy rating on Femasys (FEMYResearch Report) yesterday and set a price target of $5.00. The company’s shares opened today at $1.20.

According to TipRanks, McCarthy is an analyst with an average return of -39.6% and a 14.32% success rate. McCarthy covers the Healthcare sector, focusing on stocks such as SELLAS Life Sciences Group, Immutep, and Actinium Pharmaceuticals.

Femasys has an analyst consensus of Moderate Buy, with a price target consensus of $5.00, which is a 316.67% upside from current levels. In a report released today, H.C. Wainwright also maintained a Buy rating on the stock with a $5.00 price target.

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The company has a one-year high of $7.32 and a one-year low of $0.99. Currently, Femasys has an average volume of 24.29K.

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Femasys Inc is a biomedical company focused on transforming women’s healthcare by developing solutions and advancements providing clinical impact to address severely underserved areas. Its mission is to provide women with minimally-invasive, non-surgical product technologies, accessible in the office, improving patient care and overall health economics.

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