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Analysts’ Top Healthcare Picks: Tenet Healthcare (THC), Elevance Health (ELV)

There’s a lot to be optimistic about in the Healthcare sector as 2 analysts just weighed in on Tenet Healthcare (THCResearch Report) and Elevance Health (ELVResearch Report) with bullish sentiments.

Tenet Healthcare (THC)

In a report released today, Brian Tanquilut from Jefferies maintained a Buy rating on Tenet Healthcare, with a price target of $95.00. The company’s shares closed last Wednesday at $50.56.

According to TipRanks.com, Tanquilut is a 4-star analyst with an average return of 4.9% and a 53.7% success rate. Tanquilut covers the Healthcare sector, focusing on stocks such as Aveanna Healthcare Holdings, Lifestance Health Group, and US Physical Therapy.

The word on The Street in general, suggests a Strong Buy analyst consensus rating for Tenet Healthcare with a $68.43 average price target, which is a 37.0% upside from current levels. In a report issued on January 19, Mizuho Securities also maintained a Buy rating on the stock with a $60.00 price target.

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

Elevance Health (ELV)

In a report released today, David Windley from Jefferies maintained a Buy rating on Elevance Health, with a price target of $578.00. The company’s shares closed last Wednesday at $495.59.

According to TipRanks.com, Windley is a top 100 analyst with an average return of 16.5% and a 70.8% success rate. Windley covers the Healthcare sector, focusing on stocks such as IQVIA Holdings, Catalent, and Centene.

Elevance Health has an analyst consensus of Strong Buy, with a price target consensus of $580.83, implying a 20.3% upside from current levels. In a report issued on January 11, SVB Securities also reiterated a Buy rating on the stock with a $580.00 price target.

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