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Analysts Offer Insights on Healthcare Companies: Oric Pharmaceuticals (ORIC), Shockwave Medical (SWAV) and Exelixis (EXEL)

Companies in the Healthcare sector have received a lot of coverage today as analysts weigh in on Oric Pharmaceuticals (ORICResearch Report), Shockwave Medical (SWAVResearch Report) and Exelixis (EXELResearch Report).

Oric Pharmaceuticals (ORIC)

In a report released today, Matthew Biegler from Oppenheimer upgraded Oric Pharmaceuticals to Buy, with a price target of $14.00. The company’s shares closed last Monday at $6.90.

According to TipRanks.com, Biegler has 0 stars on 0-5 stars ranking scale with an average return of -15.1% and a 23.9% success rate. Biegler covers the Healthcare sector, focusing on stocks such as Acrivon Therapeutics, Inc., Day One Biopharmaceuticals, and Zentalis Pharmaceuticals.

The word on The Street in general, suggests a Strong Buy analyst consensus rating for Oric Pharmaceuticals with a $17.17 average price target, which is a 144.9% upside from current levels. In a report issued on October 24, J.P. Morgan also maintained a Buy rating on the stock with a $17.00 price target.

See the top stocks recommended by analysts >>

Shockwave Medical (SWAV)

Oppenheimer analyst Suraj Kalia maintained a Sell rating on Shockwave Medical today and set a price target of $165.00. The company’s shares closed last Monday at $214.90.

According to TipRanks.com, Kalia is a 4-star analyst with an average return of 3.7% and a 50.3% success rate. Kalia covers the Healthcare sector, focusing on stocks such as Inspire Medical Systems, Edwards Lifesciences, and Irhythm Technologies.

The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Shockwave Medical with a $246.30 average price target.

Exelixis (EXEL)

In a report issued on November 3, Peter Lawson from Barclays maintained a Buy rating on Exelixis. The company’s shares closed last Monday at $20.84.

According to TipRanks.com, Lawson is a 1-star analyst with an average return of -1.5% and a 38.7% success rate. Lawson covers the Healthcare sector, focusing on stocks such as Deciphera Pharmaceuticals, Adaptimmune Therapeutics, and Springworks Therapeutics.

The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Exelixis with a $25.82 average price target, a 22.9% upside from current levels. In a report issued on October 23, Bank of America Securities also maintained a Buy rating on the stock with a $27.00 price target.

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