UPDATE: Butterfly Network (BFLY) Added to Hedgeye's Best Idea Long

June 16, 2021 11:15 AM EDT
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Price: $11.06 +0.55%

Rating Summary:
    1 Buy, 0 Hold, 0 Sell

Rating Trend: Up Up

Today's Overall Ratings:
    Up: 18 | Down: 11 | New: 19
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(Updated - June 16, 2021 12:02 PM EDT)

Butterfly Network (NYSE: BFLY) Added to Hedgeye's Best Idea Long. The analyst sees a path to $26 per share.

They have come to appreciate the stock after speaking with several clinicians who use the device and believe the market is as large as the company claims.

One clinician told them that every doctor could use a Butterfly "except for a psychiatrist", although others pointed to a steep learning curve.



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