Analysts have been eager to weigh in on the Healthcare sector with new ratings on Teva Pharmaceutical (TEVA – Research Report), HUTCHMED (HCM – Research Report) and Arcutis Biotherapeutics (ARQT – Research Report).
Teva Pharmaceutical (TEVA)
In a report released today, Nathan Rich from Goldman Sachs maintained a Hold rating on Teva Pharmaceutical, with a price target of $10.00. The company’s shares closed last Monday at $9.48.
According to TipRanks.com, Rich is a 3-star analyst with an average return of
Teva Pharmaceutical has an analyst consensus of Hold, with a price target consensus of $9.60, which is a 4.2% upside from current levels. In a report issued on July 27, J.P. Morgan also maintained a Hold rating on the stock with a $11.00 price target.
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HUTCHMED (HCM)
In a report released today, Paul Choi from Goldman Sachs maintained a Hold rating on HUTCHMED, with a price target of $14.00. The company’s shares closed last Monday at $12.07, close to its 52-week low of $8.41.
According to TipRanks.com, Choi is a 4-star analyst with an average return of
Currently, the analyst consensus on HUTCHMED is a Moderate Buy with an average price target of $18.67.
Arcutis Biotherapeutics (ARQT)
In a report released today, Chris Shibutani from Goldman Sachs maintained a Buy rating on Arcutis Biotherapeutics, with a price target of $50.00. The company’s shares closed last Monday at $20.26.
According to TipRanks.com, Shibutani is a 5-star analyst with an average return of
Arcutis Biotherapeutics has an analyst consensus of Strong Buy, with a price target consensus of $50.40, which is a 103.2% upside from current levels. In a report released today, Morgan Stanley also maintained a Buy rating on the stock with a $45.00 price target.
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