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Analysts Offer Insights on Healthcare Companies: Alcon (ALC) and Edwards Lifesciences (EW)

Analysts have been eager to weigh in on the Healthcare sector with new ratings on Alcon (ALCResearch Report) and Edwards Lifesciences (EWResearch Report).

Alcon (ALC)

BTIG analyst Ryan Zimmerman maintained a Buy rating on Alcon today and set a price target of $80.00. The company’s shares closed last Friday at $66.85, close to its 52-week low of $63.92.

According to TipRanks.com, Zimmerman is a 4-star analyst with an average return of 6.7% and a 43.8% success rate. Zimmerman covers the Healthcare sector, focusing on stocks such as Tactile Systems Technology, Treace Medical Concepts, and Organogenesis Holdings.

Alcon has an analyst consensus of Moderate Buy, with a price target consensus of $79.68, representing a 18.6% upside. In a report issued on September 13, Berenberg Bank also initiated coverage with a Buy rating on the stock with a CHF86.00 price target.

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

Edwards Lifesciences (EW)

In a report released today, Marie Thibault from BTIG maintained a Hold rating on Edwards Lifesciences. The company’s shares closed last Friday at $93.35.

According to TipRanks.com, Thibault is a 4-star analyst with an average return of 6.3% and a 33.5% success rate. Thibault covers the Healthcare sector, focusing on stocks such as Establishment Labs Holdings, Irhythm Technologies, and Senseonics Holdings.

The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Edwards Lifesciences with a $115.29 average price target.

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