Analysts Are Bullish on Top Healthcare Stocks: Cooper Co (COO), Lexicon Pharmaceuticals (LXRX)

There’s a lot to be optimistic about in the Healthcare sector as 3 analysts just weighed in on Cooper Co (COO – Research Report), Lexicon Pharmaceuticals (LXRX – Research Report) and Shockwave Medical (SWAV – Research Report) with bullish sentiments.

Cooper Co (COO)

Piper Sandler analyst Jason Bednar maintained a Buy rating on Cooper Co today and set a price target of $440.00. The company’s shares closed last Thursday at $380.53.

According to TipRanks.com, Bednar has currently 0 stars on a ranking scale of 0-5 stars, with an average return of -4.9% and a 40.8% success rate. Bednar covers the Healthcare sector, focusing on stocks such as MDxHealth S.A. Sponsored ADR, Merit Medical Systems, and Alpha Tau Medical Ltd.

Currently, the analyst consensus on Cooper Co is a Moderate Buy with an average price target of $398.57, a 3.7% upside from current levels. In a report released yesterday, Wells Fargo also maintained a Buy rating on the stock with a $430.00 price target.

See the top stocks recommended by analysts >>

Lexicon Pharmaceuticals (LXRX)

Piper Sandler analyst Yasmeen Rahimi maintained a Buy rating on Lexicon Pharmaceuticals today and set a price target of $10.00. The company’s shares closed last Thursday at $1.41.

According to TipRanks.com, Rahimi is a 4-star analyst with an average return of 7.5% and a 37.2% success rate. Rahimi covers the Healthcare sector, focusing on stocks such as Structure Therapeutics, Inc. Sponsored ADR, Sagimet Biosciences, Inc. Class A, and Praxis Precision Medicines.

Lexicon Pharmaceuticals has an analyst consensus of Moderate Buy, with a price target consensus of $7.00.

Shockwave Medical (SWAV)

In a report released today, Adam Maeder from Piper Sandler reiterated a Buy rating on Shockwave Medical, with a price target of $275.00. The company’s shares closed last Thursday at $214.57.

According to TipRanks.com, Maeder is a 5-star analyst with an average return of 14.4% and a 52.3% success rate. Maeder covers the Healthcare sector, focusing on stocks such as Axonics Modulation Technologies, Tactile Systems Technology, and Inspire Medical Systems.

Shockwave Medical has an analyst consensus of Moderate Buy, with a price target consensus of $236.50.

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Read More on COO:

• 5 Top MedTech Stocks for 2024, According to Analysts from Baird
• CooperCompanies to Present at the J.P. Morgan Healthcare Conference
• CooperCompanies Sets Annual Meeting And Stockholder Record Dates
• Cooper Companies price target raised by $10 at BofA, here’s why
• Cooper Companies sees FY24 EPS $13.60-$14.00, consensus $14.04