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Analysts Offer Insights on Healthcare Companies: Arcturus Therapeutics (ARCT) and Alcon (ALC)

There’s a lot to be optimistic about in the Healthcare sector as 2 analysts just weighed in on Arcturus Therapeutics (ARCTResearch Report) and Alcon (ALCResearch Report) with bullish sentiments.

Arcturus Therapeutics (ARCT)

In a report released yesterday, Yanan Zhu from Wells Fargo maintained a Buy rating on Arcturus Therapeutics, with a price target of $45.00. The company’s shares closed last Wednesday at $22.52.

According to TipRanks.com, Zhu is currently ranked with 0 stars on a 0-5 stars ranking scale, with an average return of -14.2% and a 32.1% success rate. Zhu covers the Healthcare sector, focusing on stocks such as Adaptimmune Therapeutics, Iovance Biotherapeutics, and Gracell Biotechnologies.

The word on The Street in general, suggests a Strong Buy analyst consensus rating for Arcturus Therapeutics with a $69.00 average price target, representing a 200.3% upside. In a report released yesterday, Piper Sandler also maintained a Buy rating on the stock with a $140.00 price target.

See the top stocks recommended by analysts >>

Alcon (ALC)

Wells Fargo analyst Larry Biegelsen maintained a Buy rating on Alcon yesterday and set a price target of $89.00. The company’s shares closed last Wednesday at $70.53.

According to TipRanks.com, Biegelsen is a 5-star analyst with an average return of 9.9% and a 52.6% 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 Alcon with a $90.53 average price target, a 27.3% upside from current levels. In a report issued on November 2, UBS also maintained a Buy rating on the stock with a CHF82.00 price target.

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