tiprankstipranks
Blurbs

Analysts Offer Insights on Healthcare Companies: AbbVie (ABBV), 10x Genomics (TXG) and Altimmune (ALT)

There’s a lot to be optimistic about in the Healthcare sector as 3 analysts just weighed in on AbbVie (ABBVResearch Report), 10x Genomics (TXGResearch Report) and Altimmune (ALTResearch Report) with bullish sentiments.

AbbVie (ABBV)

Piper Sandler analyst Christopher Raymond maintained a Buy rating on AbbVie on January 19 and set a price target of $180.00. The company’s shares closed last Monday at $165.12, close to its 52-week high of $166.20.

According to TipRanks.com, Raymond is a 4-star analyst with an average return of 4.6% and a 50.3% success rate. Raymond covers the Healthcare sector, focusing on stocks such as Ultragenyx Pharmaceutical, Deciphera Pharmaceuticals, and BioMarin Pharmaceutical.

The word on The Street in general, suggests a Moderate Buy analyst consensus rating for AbbVie with a $173.69 average price target, representing a 5.6% upside. In a report issued on January 8, TD Cowen also maintained a Buy rating on the stock with a price target.

See Insiders’ Hot Stocks on TipRanks >>

10x Genomics (TXG)

In a report issued on January 19, Daniel Arias from Stifel Nicolaus maintained a Buy rating on 10x Genomics, with a price target of $68.00. The company’s shares closed last Monday at $43.26.

According to TipRanks.com, Arias is currently ranked with 0 stars on a 0-5 stars ranking scale, with an average return of -8.9% and a 40.1% success rate. Arias covers the Healthcare sector, focusing on stocks such as Maravai Lifesciences Holdings, Guardant Health, and Exact Sciences.

The word on The Street in general, suggests a Strong Buy analyst consensus rating for 10x Genomics with a $57.82 average price target, representing a 36.0% upside. In a report issued on January 8, Canaccord Genuity also maintained a Buy rating on the stock with a $70.00 price target.

Altimmune (ALT)

H.C. Wainwright analyst Patrick Trucchio reiterated a Buy rating on Altimmune on January 19 and set a price target of $15.00. The company’s shares closed last Monday at $9.77.

According to TipRanks.com, Trucchio is ranked 0 out of 5 stars with an average return of -9.9% and a 30.1% success rate. Trucchio covers the Healthcare sector, focusing on stocks such as Freeline Therapeutics Holdings, Longboard Pharmaceuticals, and Milestone Pharmaceuticals.

Currently, the analyst consensus on Altimmune is a Strong Buy with an average price target of $21.83, implying a 137.8% upside from current levels. In a report issued on January 11, Jefferies also maintained a Buy rating on the stock with a $35.00 price target.

TipRanks has tracked 36,000 company insiders and found that a few of them are better than others when it comes to timing their transactions. See which 3 stocks are most likely to make moves following their insider activities.

Read More on ABBV:

Trending

Name
Price
Price Change
S&P 500
Dow Jones
Nasdaq 100
Bitcoin

Popular Articles