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Olink Holding (OLK) Receives a Hold from Goldman Sachs

Goldman Sachs analyst Matthew Sykes maintained a Hold rating on Olink Holding (OLKResearch Report) today and set a price target of $16.00. The company’s shares closed last Thursday at $16.56.

According to TipRanks.com, Sykes ‘ ranking currently consits of 0 on a 0-5 ranking scale, with an average return of -17.5% and a 39.4% success rate. Sykes covers the Healthcare sector, focusing on stocks such as Singular Genomics Systems, Nautilus Biotechnolgy, and Mettler-Toledo.

The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Olink Holding with a $17.00 average price target.

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Olink Holding AB has a proprietary and patented Proximity Extension Assay technology, which enables researchers to use one platform for discovery to clinical trials to diagnostic applications utilizing the established infrastructure of labs and installed instrumentation. It has two segments including Kit and Services. It derives revenues from Sweden, the Americas, China, and other regions.

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