Northland Securities Downgrades Intersect ENT to Hold

By Ryan Adsit

In a report released today, Suraj Kalia from Northland Securities downgraded Intersect ENT (NASDAQ: XENT) to Hold. The company’s shares closed yesterday at $25.30, close to its 52-week high of $25.60.

According to TipRanks.com, Kalia is a 3-star analyst with an average return of 4.2% and a 52.4% success rate. Kalia covers the Healthcare sector, focusing on stocks such as Xtant Medical Holdings, Edwards Lifesciences, and Intuitive Surgical.

Intersect ENT has an analyst consensus of Moderate Buy, with a price target consensus of $25.50.

The company has a one year high of $25.60 and a one year low of $7.65. Currently, Intersect ENT has an average volume of 347.6K.

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Intersect ENT, Inc. is a medical technology company, which is dedicated in the treatment of ear, nose, and throat conditions through evidence-based innovation, providing physicians with solutions to improve quality of life for patients. The company was founded by Donald J. Eaton in October 2003 and is headquartered in Menlo Park, CA.