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Analysts’ Top Healthcare Picks: Morphosys Ag (MOR), Abbott Labs (ABT)

There’s a lot to be optimistic about in the Healthcare sector as 3 analysts just weighed in on Morphosys Ag (MORResearch Report), Abbott Labs (ABTResearch Report) and Inventiva (IVAResearch Report) with bullish sentiments.

Morphosys Ag (MOR)

Wells Fargo analyst Derek Archila maintained a Buy rating on Morphosys Ag yesterday and set a price target of $10.00. The company’s shares closed last Tuesday at $4.55.

According to TipRanks.com, Archila is a 4-star analyst with an average return of 4.9% and a 40.4% success rate. Archila covers the Healthcare sector, focusing on stocks such as Zentalis Pharmaceuticals, Apellis Pharmaceuticals, and Monte Rosa Therapeutics.

The word on The Street in general, suggests a Strong Buy analyst consensus rating for Morphosys Ag with a $11.36 average price target, representing a 140.2% upside. In a report issued on November 16, JMP Securities also reiterated a Buy rating on the stock with a $17.00 price target.

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

Abbott Labs (ABT)

Wells Fargo analyst Larry Biegelsen maintained a Buy rating on Abbott Labs yesterday and set a price target of $116.00. The company’s shares closed last Tuesday at $101.91.

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 Strong Buy analyst consensus rating for Abbott Labs with a $118.00 average price target.

Inventiva (IVA)

In a report released today, Annabel Samimy from Stifel Nicolaus maintained a Buy rating on Inventiva, with a price target of $27.00. The company’s shares closed last Tuesday at $4.06.

According to TipRanks.com, Samimy is a 5-star analyst with an average return of 8.3% and a 47.8% success rate. Samimy covers the Healthcare sector, focusing on stocks such as Rani Therapeutics Holdings, Apellis Pharmaceuticals, and Oculis Holding.

Currently, the analyst consensus on Inventiva is a Strong Buy with an average price target of $25.00.

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