Inspire Medical Systems Surges on Price Target Hike

Inspire Medical Systems shares surged by five point three percent following Morgan Stanleys price target increase from one hundred five to one hundred thirty dollars. This positive movement is also attributed to a regulatory change boosting Medicare payments for the companys procedures by fifty percent. Analysts like Wolfe Research have upgraded the stock, setting a price target of one hundred eighty dollars, reflecting a broader trend of healthcare stocks surging due to a White House plan to extend Obamacare subsidies. Despite recent gains, Inspire Medical Systems is still down nearly thirty percent since the beginning of the year.The Daily News Now! — Every city. Every story. AI-powered. Hosted on Acast. See acast.com/privacy for more information.