William Blair initiated coverage of Hinge Health (HNGE) with an Outperform rating. The firm views Hinge as a core healthcare technology holding. The company has a novel digital app that offers personalized exercise plans, real-time feedback, and virtual coaching, the analyst tells investors in a research note. The firm says the shares trade at roughly 5-times its 2026 revenue estimate and 6.4 times its 2026 adjusted gross profit target.
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