Analysts Offer Insights on Healthcare Companies: Medtronic (MDT), Nuvation Bio (NUVB) and Patterson Companies (PDCO)

There’s a lot to be optimistic about in the Healthcare sector as 3 analysts just weighed in on Medtronic (MDT – Research Report), Nuvation Bio (NUVB – Research Report) and Patterson Companies (PDCO – Research Report) with bullish sentiments.

Medtronic (MDT)

Bank of America Securities analyst Travis Steed reiterated a Buy rating on Medtronic yesterday and set a price target of $100.00. The company’s shares closed last Tuesday at $78.62.

According to TipRanks.com, Steed is a 3-star analyst with an average return of 2.7% and a 46.2% success rate. Steed covers the Healthcare sector, focusing on stocks such as Axonics Modulation Technologies, Inspire Medical Systems, and Zimmer Biomet Holdings.

Medtronic has an analyst consensus of Hold, with a price target consensus of $88.20, representing a 13.7% upside. In a report issued on November 7, Wells Fargo also maintained a Buy rating on the stock with a $102.00 price target.

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Nuvation Bio (NUVB)

In a report released today, Robert Burns from H.C. Wainwright reiterated a Buy rating on Nuvation Bio, with a price target of $4.50. The company’s shares closed last Tuesday at $1.24.

According to TipRanks.com, Burns ‘ ranking currently consits of 0 on a 0-5 ranking scale, with an average return of -38.8% and a 14.0% success rate. Burns covers the Healthcare sector, focusing on stocks such as Black Diamond Therapeutics, Springworks Therapeutics, and Calidi Biotherapeutics.

Nuvation Bio has an analyst consensus of Moderate Buy, with a price target consensus of $4.25.

Patterson Companies (PDCO)

Bank of America Securities analyst Allen Lutz reiterated a Buy rating on Patterson Companies today and set a price target of $40.00. The company’s shares closed last Tuesday at $32.28.

According to TipRanks.com, Lutz is a 2-star analyst with an average return of -1.1% and a 56.6% success rate. Lutz covers the Healthcare sector, focusing on stocks such as Walgreens Boots Alliance, Hims & Hers Health, and GoodRx Holdings.

Patterson Companies has an analyst consensus of Moderate Buy, with a price target consensus of $36.14.

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