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Analysts Have Conflicting Sentiments on These Healthcare Companies: American Well (AMWL), BridgeBio Pharma (BBIO) and Idexx Laboratories (IDXX)

Companies in the Healthcare sector have received a lot of coverage today as analysts weigh in on American Well (AMWLResearch Report), BridgeBio Pharma (BBIOResearch Report) and Idexx Laboratories (IDXXResearch Report).

American Well (AMWL)

In a report released today, Ryan MacDonald from Needham reiterated a Hold rating on American Well. The company’s shares closed last Thursday at $1.34, close to its 52-week low of $0.93.

According to TipRanks.com, MacDonald is a 5-star analyst with an average return of 7.7% and a 47.3% success rate. MacDonald covers the Technology sector, focusing on stocks such as Verint Systems, Udemy Inc, and Coursera.

Currently, the analyst consensus on American Well is a Hold with an average price target of $2.18, which is a 98.2% upside from current levels. In a report issued on October 20, Truist Financial also maintained a Hold rating on the stock.

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BridgeBio Pharma (BBIO)

In a report released today, Tyler Van Buren from TD Cowen maintained a Buy rating on BridgeBio Pharma. The company’s shares closed last Thursday at $26.92.

According to TipRanks.com, Buren is a 1-star analyst with an average return of -1.6% and a 42.7% success rate. Buren covers the Healthcare sector, focusing on stocks such as Apogee Therapeutics, Inc., Deciphera Pharmaceuticals, and EyePoint Pharmaceuticals.

The word on The Street in general, suggests a Strong Buy analyst consensus rating for BridgeBio Pharma with a $46.14 average price target.

Idexx Laboratories (IDXX)

In a report released today, Nathan Rich from Goldman Sachs maintained a Buy rating on Idexx Laboratories. The company’s shares closed last Thursday at $419.44.

According to TipRanks.com, Rich is a 3-star analyst with an average return of 1.2% and a 55.7% success rate. Rich covers the Healthcare sector, focusing on stocks such as Amneal Pharmaceuticals, Alignment Healthcare, and Elanco Animal Health.

The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Idexx Laboratories with a $508.75 average price target.

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