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Analysts’ Opinions Are Mixed on These Healthcare Stocks: Vertex Pharmaceuticals (VRTX), Merit Medical Systems (MMSI) and Masimo (MASI)

Analysts have been eager to weigh in on the Healthcare sector with new ratings on Vertex Pharmaceuticals (VRTXResearch Report), Merit Medical Systems (MMSIResearch Report) and Masimo (MASIResearch Report).

Vertex Pharmaceuticals (VRTX)

In a report released yesterday, Mohit Bansal from Wells Fargo maintained a Buy rating on Vertex Pharmaceuticals, with a price target of $500.00. The company’s shares closed last Monday at $404.65, close to its 52-week high of $413.00.

According to TipRanks.com, Bansal is a 4-star analyst with an average return of 7.7% and a 60.7% success rate. Bansal covers the Healthcare sector, focusing on stocks such as Cerevel Therapeutics Holdings, BioMarin Pharmaceutical, and Travere Therapeutics.

Vertex Pharmaceuticals has an analyst consensus of Moderate Buy, with a price target consensus of $405.90, a -1.4% downside from current levels. In a report issued on December 5, Cantor Fitzgerald also maintained a Buy rating on the stock with a $380.00 price target.

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

Merit Medical Systems (MMSI)

Wells Fargo analyst Larry Biegelsen maintained a Hold rating on Merit Medical Systems yesterday and set a price target of $81.00. The company’s shares closed last Monday at $71.25.

According to TipRanks.com, Biegelsen is a 5-star analyst with an average return of 11.3% and a 59.5% success rate. Biegelsen covers the Healthcare sector, focusing on stocks such as GE Healthcare Technologies Inc, Bausch + Lomb Corporation, and Inspire Medical Systems.

The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Merit Medical Systems with a $84.00 average price target.

Masimo (MASI)

In a report released yesterday, Vik Chopra from Wells Fargo maintained a Hold rating on Masimo, with a price target of $81.00. The company’s shares closed last Monday at $115.22.

According to TipRanks.com, Chopra is a 2-star analyst with an average return of -0.9% and a 50.0% success rate. Chopra covers the Healthcare sector, focusing on stocks such as Integra Lifesciences, Intuitive Surgical, and Globus Medical.

Currently, the analyst consensus on Masimo is a Moderate Buy with an average price target of $89.00.

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