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Analysts Have Conflicting Sentiments on These Healthcare Companies: Cytokinetics (CYTK), Medtronic (MDT) and Option Care Health (OPCH)

Analysts have been eager to weigh in on the Healthcare sector with new ratings on Cytokinetics (CYTKResearch Report), Medtronic (MDTResearch Report) and Option Care Health (OPCHResearch Report).

Cytokinetics (CYTK)

Bank of America Securities analyst Jason Zemansky maintained a Hold rating on Cytokinetics yesterday and set a price target of $41.00. The company’s shares closed last Thursday at $32.81.

According to TipRanks.com, Zemansky is a 2-star analyst with an average return of -1.1% and a 48.1% success rate. Zemansky covers the Healthcare sector, focusing on stocks such as Werewolf Therapeutics, Reneo Pharmaceuticals, and Arcus Biosciences.

The word on The Street in general, suggests a Strong Buy analyst consensus rating for Cytokinetics with a $62.36 average price target.

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Medtronic (MDT)

Wells Fargo analyst Larry Biegelsen maintained a Buy rating on Medtronic yesterday and set a price target of $102.00. The company’s shares closed last Thursday at $72.35, close to its 52-week low of $70.95.

According to TipRanks.com, Biegelsen is a 5-star analyst with an average return of 11.7% and a 56.1% success rate. Biegelsen covers the Healthcare sector, focusing on stocks such as Axonics Modulation Technologies, GE Healthcare Technologies Inc, and Bausch + Lomb Corporation.

The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Medtronic with a $89.80 average price target, representing a 23.6% upside. In a report issued on October 17, Mizuho Securities also maintained a Buy rating on the stock with a $90.00 price target.

Option Care Health (OPCH)

In a report released today, Joanna Gajuk from Bank of America Securities reiterated a Buy rating on Option Care Health, with a price target of $43.00. The company’s shares closed last Thursday at $32.33.

According to TipRanks.com, Gajuk is a 3-star analyst with an average return of 2.1% and a 50.0% success rate. Gajuk covers the Healthcare sector, focusing on stocks such as Aveanna Healthcare Holdings, US Physical Therapy, and Addus Homecare.

Option Care Health has an analyst consensus of Strong Buy, with a price target consensus of $42.00, which is a 30.6% upside from current levels. In a report issued on October 10, Barrington also maintained a Buy rating on the stock with a $41.00 price target.

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