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Analysts Are Bullish on These Healthcare Stocks: Icon (ICLR), Glaukos (GKOS)

There’s a lot to be optimistic about in the Healthcare sector as 3 analysts just weighed in on Icon (ICLRResearch Report), Glaukos (GKOSResearch Report) and Zai Lab (ZLABResearch Report) with bullish sentiments.

Icon (ICLR)

In a report released yesterday, Derik De Bruin from Bank of America Securities reiterated a Buy rating on Icon, with a price target of $305.00. The company’s shares closed last Tuesday at $271.19, close to its 52-week high of $288.50.

According to TipRanks.com, Bruin is a 3-star analyst with an average return of 2.4% and a 51.2% success rate. Bruin covers the Healthcare sector, focusing on stocks such as West Pharmaceutical Services, Adaptive Biotechnologies, and Fortrea Holdings Inc.

Currently, the analyst consensus on Icon is a Strong Buy with an average price target of $303.30, which is an 12.0% upside from current levels. In a report issued on January 4, Truist Financial also maintained a Buy rating on the stock with a $357.00 price target.

See the top stocks recommended by analysts >>

Glaukos (GKOS)

In a report released yesterday, Larry Biegelsen from Wells Fargo maintained a Buy rating on Glaukos, with a price target of $83.00. The company’s shares closed last Tuesday at $86.55, close to its 52-week high of $88.26.

According to TipRanks.com, Biegelsen is a 5-star analyst with an average return of 11.9% and a 61.3% success rate. Biegelsen covers the Healthcare sector, focusing on stocks such as Axonics Modulation Technologies, GE Healthcare Technologies Inc, and Bausch + Lomb Corporation.

Glaukos has an analyst consensus of Moderate Buy, with a price target consensus of $88.00.

Zai Lab (ZLAB)

In a report released today, David Li from Bank of America Securities maintained a Buy rating on Zai Lab, with a price target of $37.00. The company’s shares closed last Tuesday at $26.56, close to its 52-week low of $22.35.

According to TipRanks.com, Li is ranked #8225 out of 8658 analysts.

The word on The Street in general, suggests a Strong Buy analyst consensus rating for Zai Lab with a $69.14 average price target.

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