Top 5 Gainers Today

3. Establishment Labs Holdings Inc. (NASDAQ:ESTA) has risen 9.13% as of 12:19 PM ET after the target price of the Costa Rica-based medical device and aesthetics company was increased by 31.57% to $125 by Joshua Jennings at Cowen. Jennings maintained an Outperform rating on Establishment Labs Holdings Inc. (NASDAQ:ESTA) stock. The analyst believes that the global breast implant industry will be revolutionized by the two-year results of the Motiva IDE, revealed at The Aesthetic Meeting in San Diego. The industry-leading safety profile of Motiva was recognized during the meeting, and low risk is being seen in the FDA approval process.

Overall, Establishment Labs Holdings Inc. (NASDAQ:ESTA) was held by 13 hedge funds at the end of Q4 2021.