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Analysts Are Bullish on Top Healthcare Stocks: Avenue Therapeutics (ATXI), Eli Lilly & Co (LLY)

There’s a lot to be optimistic about in the Healthcare sector as 3 analysts just weighed in on Avenue Therapeutics (ATXIResearch Report), Eli Lilly & Co (LLYResearch Report) and Cytokinetics (CYTKResearch Report) with bullish sentiments.

Avenue Therapeutics (ATXI)

In a report issued on October 7, Jason Kolbert from Dawson James maintained a Buy rating on Avenue Therapeutics, with a price target of $24.00. The company’s shares closed last Monday at $2.58, close to its 52-week low of $2.29.

According to TipRanks.com, Kolbert has 0 stars on 0-5 stars ranking scale with an average return of -4.0% and a 33.0% success rate. Kolbert covers the Healthcare sector, focusing on stocks such as Lineage Cell Therapeutics, Citius Pharmaceuticals, and Sorrento Therapeutics.

The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Avenue Therapeutics with a $24.00 average price target.

See Insiders’ Hot Stocks on TipRanks >>

Eli Lilly & Co (LLY)

BMO Capital analyst Evan Seigerman maintained a Buy rating on Eli Lilly & Co on October 7 and set a price target of $396.00. The company’s shares closed last Monday at $323.89, close to its 52-week high of $341.70.

According to TipRanks.com, Seigerman is a 4-star analyst with an average return of 4.6% and a 48.4% success rate. Seigerman covers the Healthcare sector, focusing on stocks such as Mirati Therapeutics, Merck & Company, and Gilead Sciences.

Eli Lilly & Co has an analyst consensus of Strong Buy, with a price target consensus of $373.63, which is a 14.5% upside from current levels. In a report issued on September 22, UBS also upgraded the stock to Buy with a $363.00 price target.

Cytokinetics (CYTK)

Mizuho Securities analyst Salim Syed assigned a Buy rating to Cytokinetics yesterday and set a price target of $80.00. The company’s shares closed last Monday at $47.23.

According to TipRanks.com, Syed is currently ranked with 0 stars on a 0-5 stars ranking scale, with an average return of -15.6% and a 36.6% success rate. Syed covers the Healthcare sector, focusing on stocks such as Atara Biotherapeutics, Assembly Biosciences, and Coherus Biosciences.

Cytokinetics has an analyst consensus of Strong Buy, with a price target consensus of $68.11, which is a 42.6% upside from current levels. In a report issued on October 3, JMP Securities also reiterated a Buy rating on the stock with a $82.00 price target.

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