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Hinge Health price target raised to $62 from $48 at Truist

Truist raised the firm’s price target on Hinge Health (HNGE) to $62 from $48 and keeps a Buy rating on the shares, updating the firm’s model after the company’s Q2 results and guidance. The company’s robust outcomes data, extensive partner network, AI-enabled platform, and compelling economics create a flywheel of adoption, retention, and expansion, the analyst tells investors in a research note.

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