On June 16, 2025, analyst Ryan MacDonald from Needham initiated coverage on Hinge Health (HNGE, Financial). The analyst has assigned a "Buy" rating to the stock. This marks the first coverage for Hinge Health by this analyst.
As part of this initiation, Needham announced a price target of USD 47.00 for Hinge Health (HNGE, Financial). This is the first price target set by the analyst for the company, as there was no prior target provided. The price target and rating reflect a positive outlook on Hinge Health’s market performance.
Investors and stakeholders of Hinge Health (HNGE, Financial) may find this new coverage and buy rating as an encouraging development, potentially influencing future investment decisions.