Needham Maintains a Buy Rating on Hill-Rom (HRC)

In a report released today, Michael Matson from Needham maintained a Buy rating on Hill-Rom (HRCResearch Report), with a price target of $129.00. The company’s shares closed last Friday at $97.75.

According to, Matson is a 5-star analyst with an average return of 9.6% and a 60.7% success rate. Matson covers the Healthcare sector, focusing on stocks such as Axonics Modulation Technologies, Cardiovascular Systems, and Zimmer Biomet Holdings.

Currently, the analyst consensus on Hill-Rom is a Strong Buy with an average price target of $126.33.

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The company has a one-year high of $117.68 and a one-year low of $72.29. Currently, Hill-Rom has an average volume of 633.8K.

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Hill-Rom Holdings, Inc. is a medical technology company, which focuses on patient care solutions that improve clinical and economic outcomes. It operates through the following business segments: Patient Support System, Front Line Care, and Surgical Solutions. The Patient Support Systems segment provides bed frames and surfaces, mobility, and clinical workflow solutions. The Front Line Care segment offers respiratory care products; and sells medical diagnostic equipment and a diversified portfolio of devices. The Surgical Solutions segment supplies surgical products including tables, lights, pendants, positioning devices, various other surgical products, and accessories. The company was founded by William A. Hillenbrand on August 7, 1969 and is headquartered in Chicago, IL.