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Analysts’ Opinions Are Mixed on These Healthcare Stocks: Bausch Health Companies (BHC), PTC Therapeutics (PTCT) and Akili (AKLI)

Analysts have been eager to weigh in on the Healthcare sector with new ratings on Bausch Health Companies (BHCResearch Report), PTC Therapeutics (PTCTResearch Report) and Akili (AKLIResearch Report).

Bausch Health Companies (BHC)

Bank of America Securities analyst Jason Gerberry maintained a Sell rating on Bausch Health Companies yesterday and set a price target of $6.00. The company’s shares closed last Wednesday at $7.47.

According to TipRanks.com, Gerberry is a 1-star analyst with an average return of -1.3% and a 43.4% success rate. Gerberry covers the Healthcare sector, focusing on stocks such as Harmony Biosciences Holdings, Ionis Pharmaceuticals, and Jazz Pharmaceuticals.

The word on The Street in general, suggests a Hold analyst consensus rating for Bausch Health Companies with a $8.00 average price target.

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PTC Therapeutics (PTCT)

Bank of America Securities analyst Tazeen Ahmad reiterated a Sell rating on PTC Therapeutics yesterday and set a price target of $43.00. The company’s shares closed last Wednesday at $58.29, close to its 52-week high of $58.58.

According to TipRanks.com, Ahmad is a 5-star analyst with an average return of 10.2% and a 50.6% success rate. Ahmad covers the Healthcare sector, focusing on stocks such as Praxis Precision Medicines, 4D Molecular Therapeutics, and Ultragenyx Pharmaceutical.

The word on The Street in general, suggests a Hold analyst consensus rating for PTC Therapeutics with a $53.46 average price target, implying a -3.1% downside from current levels. In a report released yesterday, Goldman Sachs also maintained a Sell rating on the stock with a $37.00 price target.

Akili (AKLI)

In a report released yesterday, Michael Cherny from Bank of America Securities reiterated a Hold rating on Akili, with a price target of $1.75. The company’s shares closed last Wednesday at $1.40, close to its 52-week low of $0.86.

According to TipRanks.com, Cherny is a 4-star analyst with an average return of 5.9% and a 52.4% success rate. Cherny covers the Healthcare sector, focusing on stocks such as Patterson Companies, Hims & Hers Health, and AmerisourceBergen.

Akili has an analyst consensus of Moderate Buy, with a price target consensus of $3.38.

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