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Analysts Have Conflicting Sentiments on These Healthcare Companies: Arbutus Biopharma (ABUS), Neurocrine (NBIX) and Bausch Health Companies (BHC)

Companies in the Healthcare sector have received a lot of coverage today as analysts weigh in on Arbutus Biopharma (ABUSResearch Report), Neurocrine (NBIXResearch Report) and Bausch Health Companies (BHCResearch Report).

Arbutus Biopharma (ABUS)

H.C. Wainwright analyst Ed Arce maintained a Buy rating on Arbutus Biopharma today and set a price target of $5.00. The company’s shares closed last Thursday at $2.68.

According to TipRanks.com, Arce is a 4-star analyst with an average return of 7.8% and a 38.1% success rate. Arce covers the Healthcare sector, focusing on stocks such as Sagimet Biosciences, Inc. Class A, Ultragenyx Pharmaceutical, and Madrigal Pharmaceuticals.

The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Arbutus Biopharma with a $4.33 average price target, implying a 64.0% upside from current levels. In a report released today, JMP Securities also reiterated a Buy rating on the stock with a $4.00 price target.

See the top stocks recommended by analysts >>

Neurocrine (NBIX)

In a report released today, Anupam Rama from J.P. Morgan maintained a Buy rating on Neurocrine, with a price target of $158.00. The company’s shares closed last Thursday at $139.83, close to its 52-week high of $148.37.

According to TipRanks.com, Rama is a 4-star analyst with an average return of 5.6% and a 47.0% success rate. Rama covers the Healthcare sector, focusing on stocks such as Day One Biopharmaceuticals, Ultragenyx Pharmaceutical, and Apellis Pharmaceuticals.

The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Neurocrine with a $158.15 average price target, a 10.0% upside from current levels. In a report issued on April 23, Wells Fargo also upgraded the stock to Buy with a $170.00 price target.

Bausch Health Companies (BHC)

In a report released yesterday, Douglas Miehm from RBC Capital assigned a Hold rating to Bausch Health Companies, with a price target of $10.00. The company’s shares closed last Thursday at $8.09.

According to TipRanks.com, Miehm is a 1-star analyst with an average return of -2.1% and a 38.6% success rate. Miehm covers the Healthcare sector, focusing on stocks such as Bausch + Lomb Corporation, Aurinia Pharmaceuticals, and Knight Therapeutics.

Currently, the analyst consensus on Bausch Health Companies is a Hold with an average price target of $10.80, representing a 27.4% upside. In a report issued on April 29, Piper Sandler also assigned a Hold rating to the stock with a $9.00 price target.

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