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Analysts Offer Insights on Healthcare Companies: AMN Healthcare Services (AMN) and American Well (AMWL)

Analysts have been eager to weigh in on the Healthcare sector with new ratings on AMN Healthcare Services (AMNResearch Report) and American Well (AMWLResearch Report).

AMN Healthcare Services (AMN)

Truist Financial analyst Tobey Sommer maintained a Buy rating on AMN Healthcare Services on December 4 and set a price target of $88.00. The company’s shares closed last Tuesday at $70.30.

According to TipRanks.com, Sommer is a 5-star analyst with an average return of 12.6% and a 64.4% success rate. Sommer covers the Industrial Goods sector, focusing on stocks such as Heidrick & Struggles, Icf International, and GFL Environmental.

AMN Healthcare Services has an analyst consensus of Moderate Buy, with a price target consensus of $81.00, representing an 11.7% upside. In a report issued on December 4, BMO Capital also assigned a Buy rating to the stock with a $85.00 price target.

See Insiders’ Hot Stocks on TipRanks >>

American Well (AMWL)

In a report issued on December 4, Jailendra Singh from Truist Financial maintained a Hold rating on American Well. The company’s shares closed last Tuesday at $1.21, close to its 52-week low of $0.93.

According to TipRanks.com, Singh has 0 stars on 0-5 stars ranking scale with an average return of -15.2% and a 31.3% success rate. Singh covers the Healthcare sector, focusing on stocks such as Privia Health Group, Hims & Hers Health, and GoodRx Holdings.

Currently, the analyst consensus on American Well is a Hold with an average price target of $1.89, implying a 44.3% upside from current levels. In a report issued on December 1, Piper Sandler also maintained a Hold rating on the stock with a $2.00 price target.

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