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Analysts Are Neutral on These Healthcare Stocks: Edwards Lifesciences (EW), Gilead Sciences (GILD)

Analysts fell to the sidelines weighing in on Edwards Lifesciences (EWResearch Report) and Gilead Sciences (GILDResearch Report) with neutral ratings, indicating that the experts are neither bullish nor bearish on the stocks.

Edwards Lifesciences (EW)

Evercore ISI analyst Vijay Kumar maintained a Hold rating on Edwards Lifesciences yesterday and set a price target of $89.00. The company’s shares closed last Friday at $86.43.

According to TipRanks.com, Kumar is a 3-star analyst with an average return of 3.3% and a 52.7% success rate. Kumar covers the Healthcare sector, focusing on stocks such as GE Healthcare Technologies Inc, Orasure Technologies, and Boston Scientific.

Currently, the analyst consensus on Edwards Lifesciences is a Moderate Buy with an average price target of $96.24, implying a 10.6% upside from current levels. In a report released yesterday, UBS also maintained a Hold rating on the stock with a $95.00 price target.

See the top stocks recommended by analysts >>

Gilead Sciences (GILD)

Morgan Stanley analyst Terence Flynn maintained a Hold rating on Gilead Sciences yesterday and set a price target of $78.00. The company’s shares closed last Friday at $65.42, close to its 52-week low of $65.09.

According to TipRanks.com, Flynn is a 5-star analyst with an average return of 10.0% and a 60.9% success rate. Flynn covers the Healthcare sector, focusing on stocks such as Arvinas Holding Company, Crispr Therapeutics AG, and Bristol-Myers Squibb.

The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Gilead Sciences with a $83.05 average price target, implying a 26.8% upside from current levels. In a report issued on April 15, Truist Financial also initiated coverage with a Hold rating on the stock with a $82.00 price target.

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