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Analysts Offer Insights on Healthcare Companies: Cytokinetics (CYTK), Resmed (RMD) and BioSig Technologies (BSGM)

There’s a lot to be optimistic about in the Healthcare sector as 3 analysts just weighed in on Cytokinetics (CYTKResearch Report), Resmed (RMDResearch Report) and BioSig Technologies (BSGMResearch Report) with bullish sentiments.

Cytokinetics (CYTK)

In a report released today, Salim Syed from Mizuho Securities maintained a Buy rating on Cytokinetics, with a price target of $80.00. The company’s shares closed last Thursday at $45.35, close to its 52-week high of $49.41.

According to TipRanks.com, Syed is currently ranked with 0 stars on a 0-5 stars ranking scale, with an average return of -12.6% and a 37.4% success rate. Syed covers the Healthcare sector, focusing on stocks such as Atara Biotherapeutics, Assembly Biosciences, and Coherus Biosciences.

Currently, the analyst consensus on Cytokinetics is a Strong Buy with an average price target of $63.82, representing a 43.7% upside. In a report issued on June 30, Piper Sandler also maintained a Buy rating on the stock with a $72.00 price target.

See the top stocks recommended by analysts >>

Resmed (RMD)

In a report issued on July 6, David Low from J.P. Morgan maintained a Buy rating on Resmed, with a price target of $255.00. The company’s shares closed last Thursday at $220.28.

According to TipRanks.com, Low is a 2-star analyst with an average return of 0.2% and a 45.8% success rate. Low covers the Healthcare sector, focusing on stocks such as Fisher & Paykel Healthcare Corporation Limited, Nanosonics Limited, and Cochlear Limited.

The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Resmed with a $202.64 average price target, representing a -6.6% downside. In a report issued on June 29, CLSA also maintained a Buy rating on the stock with a price target.

BioSig Technologies (BSGM)

In a report released today, Gregory Aurand from Noble Financial maintained a Buy rating on BioSig Technologies, with a price target of $4.00. The company’s shares closed last Thursday at $0.67, close to its 52-week low of $0.55.

According to TipRanks.com, Aurand is ranked #7611 out of 7920 analysts.

BioSig Technologies has an analyst consensus of Moderate Buy, with a price target consensus of $4.00.

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