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Analysts Offer Insights on Healthcare Companies: Alkermes (ALKS) and HealthStream (HSTM)

There’s a lot to be optimistic about in the Healthcare sector as 2 analysts just weighed in on Alkermes (ALKSResearch Report) and HealthStream (HSTMResearch Report) with bullish sentiments.

Alkermes (ALKS)

Mizuho Securities analyst Uy Ear maintained a Buy rating on Alkermes yesterday and set a price target of $37.00. The company’s shares closed last Monday at $24.43.

According to TipRanks.com, Ear is a 2-star analyst with an average return of 0.6% and a 23.9% success rate. Ear covers the Healthcare sector, focusing on stocks such as Arcutis Biotherapeutics, Revance Therapeutics, and Sarepta Therapeutics.

The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Alkermes with a $36.43 average price target, which is a 33.7% upside from current levels. In a report released today, Evercore ISI also upgraded the stock to Buy.

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

HealthStream (HSTM)

Craig-Hallum analyst Matt Hewitt maintained a Buy rating on HealthStream today. The company’s shares closed last Monday at $21.94.

According to TipRanks.com, Hewitt ‘s ranking currently consits of 0 on a 0-5 ranking scale, with an average return of -8.5% and a 32.1% success rate. Hewitt covers the Healthcare sector, focusing on stocks such as Streamline Health Solutions, Champions Oncology, and BioLife Solutions.

HealthStream has an analyst consensus of Moderate Buy, with a price target consensus of $22.00.

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