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Analysts’ Top Healthcare Picks: IDEAYA Biosciences (IDYA), Surgery Partners (SGRY)

There’s a lot to be optimistic about in the Healthcare sector as 3 analysts just weighed in on IDEAYA Biosciences (IDYAResearch Report), Surgery Partners (SGRYResearch Report) and Beam Therapeutics (BEAMResearch Report) with bullish sentiments.

IDEAYA Biosciences (IDYA)

Citi analyst Yigal Nochomovitz maintained a Buy rating on IDEAYA Biosciences yesterday and set a price target of $60.00. The company’s shares closed last Tuesday at $42.75.

According to TipRanks.com, Nochomovitz is a 5-star analyst with an average return of 12.1% and a 45.1% success rate. Nochomovitz covers the Healthcare sector, focusing on stocks such as Ultragenyx Pharmaceutical, Arvinas Holding Company, and Lexicon Pharmaceuticals.

IDEAYA Biosciences has an analyst consensus of Strong Buy, with a price target consensus of $53.75.

See today’s best-performing stocks on TipRanks >>

Surgery Partners (SGRY)

In a report released yesterday, Jason Cassorla from Citi maintained a Buy rating on Surgery Partners, with a price target of $38.00. The company’s shares closed last Tuesday at $27.77.

According to TipRanks.com, Cassorla ‘s ranking currently consits of 0 on a 0-5 ranking scale, with an average return of -7.6% and a 48.3% success rate. Cassorla covers the Healthcare sector, focusing on stocks such as Clover Health Investments, Tenet Healthcare, and Universal Health.

The word on The Street in general, suggests a Strong Buy analyst consensus rating for Surgery Partners with a $43.10 average price target, which is a 56.7% upside from current levels. In a report issued on May 1, Benchmark Co. also reiterated a Buy rating on the stock with a $50.00 price target.

Beam Therapeutics (BEAM)

Citi analyst Samantha Semenkow maintained a Buy rating on Beam Therapeutics yesterday and set a price target of $56.00. The company’s shares closed last Tuesday at $22.53.

According to TipRanks.com, Semenkow is a 4-star analyst with an average return of 14.4% and a 41.2% success rate. Semenkow covers the Healthcare sector, focusing on stocks such as MoonLake Immunotherapeutics, Sensei Biotherapeutics, and Larimar Therapeutics.

The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Beam Therapeutics with a $47.56 average price target, a 109.0% upside from current levels. In a report released yesterday, William Blair also maintained a Buy rating on the stock.

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