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Analysts Offer Insights on Healthcare Companies: CareDx (CDNA), Amgen (AMGN) and Orasure Technologies (OSUR)

Analysts have been eager to weigh in on the Healthcare sector with new ratings on CareDx (CDNAResearch Report), Amgen (AMGNResearch Report) and Orasure Technologies (OSURResearch Report).

CareDx (CDNA)

In a report released today, William Bonello from Craig-Hallum maintained a Buy rating on CareDx, with a price target of $22.00. The company’s shares closed last Thursday at $14.78, close to its 52-week high of $16.15.

According to TipRanks.com, Bonello is a 5-star analyst with an average return of 40.7% and a 75.0% success rate. Bonello covers the Healthcare sector, focusing on stocks such as Guardant Health, Exact Sciences, and QuidelOrtho.

The word on The Street in general, suggests a Moderate Buy analyst consensus rating for CareDx with a $18.00 average price target, implying a 22.2% upside from current levels. In a report issued on May 10, Goldman Sachs also maintained a Buy rating on the stock with a $14.00 price target.

See the top stocks recommended by analysts >>

Amgen (AMGN)

Jefferies analyst Michael Yee maintained a Buy rating on Amgen today and set a price target of $375.00. The company’s shares closed last Thursday at $314.72, close to its 52-week high of $329.72.

According to TipRanks.com, Yee is a 2-star analyst with an average return of 0.1% and a 44.6% success rate. Yee covers the Healthcare sector, focusing on stocks such as Iovance Biotherapeutics, Olema Pharmaceuticals, and Denali Therapeutics.

Amgen has an analyst consensus of Moderate Buy, with a price target consensus of $322.75, representing a 2.6% upside. In a report issued on May 3, William Blair also upgraded the stock to Buy.

Orasure Technologies (OSUR)

J.P. Morgan analyst Casey Woodring maintained a Hold rating on Orasure Technologies on May 12 and set a price target of $6.00. The company’s shares closed last Thursday at $5.23.

According to TipRanks.com, Woodring is a 1-star analyst with an average return of -4.0% and a 45.9% success rate. Woodring covers the Healthcare sector, focusing on stocks such as Sotera Health, QuidelOrtho, and Hologic.

The word on The Street in general, suggests a Hold analyst consensus rating for Orasure Technologies with a $6.50 average price target.

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