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Analysts Offer Insights on Healthcare Companies: Teva Pharmaceutical (TEVA), Globus Medical (GMED) and DENTSPLY SIRONA (XRAY)

Companies in the Healthcare sector have received a lot of coverage today as analysts weigh in on Teva Pharmaceutical (TEVAResearch Report), Globus Medical (GMEDResearch Report) and DENTSPLY SIRONA (XRAYResearch Report).

Teva Pharmaceutical (TEVA)

In a report released today, David Amsellem from Piper Sandler reiterated a Buy rating on Teva Pharmaceutical, with a price target of $20.00. The company’s shares closed last Friday at $16.25, close to its 52-week high of $16.57.

According to TipRanks.com, Amsellem is a 1-star analyst with an average return of -2.3% and a 41.8% success rate. Amsellem covers the Healthcare sector, focusing on stocks such as Harmony Biosciences Holdings, Amphastar Pharmaceuticals, and Supernus Pharmaceuticals.

Teva Pharmaceutical has an analyst consensus of Strong Buy, with a price target consensus of $18.17, a 13.1% upside from current levels. In a report issued on May 9, Barclays also maintained a Buy rating on the stock with a $20.00 price target.

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Globus Medical (GMED)

In a report released today, Matthew O’Brien from Piper Sandler maintained a Hold rating on Globus Medical, with a price target of $60.00. The company’s shares closed last Friday at $64.72, close to its 52-week high of $65.74.

According to TipRanks.com, O’Brien is a 4-star analyst with an average return of 6.3% and a 52.1% success rate. O’Brien covers the Healthcare sector, focusing on stocks such as Orchestra BioMed Holdings, Tandem Diabetes Care, and PROCEPT BioRobotics.

The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Globus Medical with a $67.22 average price target, representing a 4.7% upside. In a report issued on May 8, Needham also maintained a Hold rating on the stock.

DENTSPLY SIRONA (XRAY)

In a report released today, Jason Bednar from Piper Sandler maintained a Hold rating on DENTSPLY SIRONA, with a price target of $32.00. The company’s shares closed last Friday at $27.89, close to its 52-week low of $26.27.

According to TipRanks.com, Bednar is currently ranked with 0 stars on a 0-5 stars ranking scale, with an average return of -5.1% and a 39.7% success rate. Bednar covers the Healthcare sector, focusing on stocks such as GE Healthcare Technologies Inc, Merit Medical Systems, and Alpha Tau Medical Ltd.

DENTSPLY SIRONA has an analyst consensus of Moderate Buy, with a price target consensus of $34.61, implying a 22.8% upside from current levels. In a report issued on May 2, Robert W. Baird also maintained a Hold rating on the stock with a $33.00 price target.

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