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Analysts Offer Insights on Healthcare Companies: Eli Lilly & Co (LLY), Arvinas Holding Company (ARVN) and Progyny (PGNY)

There’s a lot to be optimistic about in the Healthcare sector as 3 analysts just weighed in on Eli Lilly & Co (LLYResearch Report), Arvinas Holding Company (ARVNResearch Report) and Progyny (PGNYResearch Report) with bullish sentiments.

Eli Lilly & Co (LLY)

Wells Fargo analyst Mohit Bansal maintained a Buy rating on Eli Lilly & Co today and set a price target of $875.00. The company’s shares closed last Thursday at $776.42, close to its 52-week high of $800.78.

According to TipRanks.com, Bansal is a 4-star analyst with an average return of 8.1% and a 60.2% success rate. Bansal covers the Healthcare sector, focusing on stocks such as Cerevel Therapeutics Holdings, Mineralys Therapeutics, Inc., and BioMarin Pharmaceutical.

Currently, the analyst consensus on Eli Lilly & Co is a Strong Buy with an average price target of $881.00, representing a 12.3% upside. In a report issued on May 1, Barclays also maintained a Buy rating on the stock with a $913.00 price target.

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Arvinas Holding Company (ARVN)

In a report released today, Derek Archila from Wells Fargo maintained a Buy rating on Arvinas Holding Company, with a price target of $60.00. The company’s shares closed last Thursday at $33.04.

According to TipRanks.com, Archila is a 4-star analyst with an average return of 6.4% and a 42.0% success rate. Archila covers the Healthcare sector, focusing on stocks such as Zentalis Pharmaceuticals, Apellis Pharmaceuticals, and Monte Rosa Therapeutics.

The word on The Street in general, suggests a Strong Buy analyst consensus rating for Arvinas Holding Company with a $65.25 average price target, which is a 92.6% upside from current levels. In a report issued on May 8, Wedbush also initiated coverage with a Buy rating on the stock with a $57.00 price target.

Progyny (PGNY)

In a report released today, Allen Lutz from Bank of America Securities maintained a Buy rating on Progyny, with a price target of $37.00. The company’s shares closed last Thursday at $27.72.

According to TipRanks.com, Lutz has currently 0 stars on a ranking scale of 0-5 stars, with an average return of -6.7% and a 45.9% success rate. Lutz covers the Healthcare sector, focusing on stocks such as Walgreens Boots Alliance, Patterson Companies, and Hims & Hers Health.

Currently, the analyst consensus on Progyny is a Strong Buy with an average price target of $37.86, which is a 41.2% upside from current levels. In a report issued on May 9, BTIG also maintained a Buy rating on the stock with a $41.00 price target.

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