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Analysts Are Bullish on These Healthcare Stocks: Mineralys Therapeutics, Inc. (MLYS), Eli Lilly & Co (LLY)

There’s a lot to be optimistic about in the Healthcare sector as 3 analysts just weighed in on Mineralys Therapeutics, Inc. (MLYSResearch Report), Eli Lilly & Co (LLYResearch Report) and Abbott Labs (ABTResearch Report) with bullish sentiments.

Mineralys Therapeutics, Inc. (MLYS)

Bank of America Securities analyst Greg Harrison reiterated a Buy rating on Mineralys Therapeutics, Inc. yesterday and set a price target of $39.00. The company’s shares closed last Monday at $12.50.

According to TipRanks.com, Harrison is a 3-star analyst with an average return of 6.0% and a 39.1% success rate. Harrison covers the Healthcare sector, focusing on stocks such as Rocket Pharmaceuticals, Intellia Therapeutics, and Liquidia Technologies.

The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Mineralys Therapeutics, Inc. with a $38.50 average price target.

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Eli Lilly & Co (LLY)

In a report released yesterday, Geoff Meacham from Bank of America Securities maintained a Buy rating on Eli Lilly & Co, with a price target of $500.00. The company’s shares closed last Monday at $454.08, close to its 52-week high of $469.87.

According to TipRanks.com, Meacham is a 4-star analyst with an average return of 5.3% and a 52.2% success rate. Meacham covers the Healthcare sector, focusing on stocks such as Amylyx Pharmaceuticals Inc, BioMarin Pharmaceutical, and Kiniksa Pharmaceuticals.

The word on The Street in general, suggests a Strong Buy analyst consensus rating for Eli Lilly & Co with a $510.03 average price target, implying a 12.5% upside from current levels. In a report issued on July 26, Citi also maintained a Buy rating on the stock with a $525.00 price target.

Abbott Labs (ABT)

In a report released yesterday, Air Ma from Citi reiterated a Buy rating on Abbott Labs, with a price target of $130.00. The company’s shares closed last Monday at $108.45.

Currently, the analyst consensus on Abbott Labs is a Moderate Buy with an average price target of $123.56, which is a 14.4% upside from current levels. In a report issued on July 23, Barclays also assigned a Buy rating to the stock with a $132.00 price target.

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