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Analysts Offer Insights on Healthcare Companies: Conmed (CNMD), Roche Holding AG (OtherRHHVF) and Sanofi (OtherSNYNF)

Analysts have been eager to weigh in on the Healthcare sector with new ratings on Conmed (CNMDResearch Report), Roche Holding AG (RHHVFResearch Report) and Sanofi (SNYNFResearch Report).

Conmed (CNMD)

In a report released today, Michael Matson from Needham maintained a Buy rating on Conmed, with a price target of $129.00. The company’s shares closed last Wednesday at $95.60, close to its 52-week low of $88.01.

According to TipRanks.com, Matson is a 1-star analyst with an average return of -1.9% and a 47.6% success rate. Matson covers the Healthcare sector, focusing on stocks such as Axonics Modulation Technologies, Merit Medical Systems, and Shockwave Medical.

Conmed has an analyst consensus of Moderate Buy, with a price target consensus of $117.75.

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

Roche Holding AG (RHHVF)

Morgan Stanley analyst Mark Purcell maintained a Sell rating on Roche Holding AG today and set a price target of CHF260.00. The company’s shares closed last Wednesday at $283.44.

According to TipRanks.com, Purcell is a 4-star analyst with an average return of 6.3% and a 60.6% success rate. Purcell covers the Healthcare sector, focusing on stocks such as GlaxoSmithKline, Roche Holding, and Novo Nordisk.

Currently, the analyst consensus on Roche Holding AG is a Hold with an average price target of $314.52, a 10.6% upside from current levels. In a report issued on January 19, J.P. Morgan also maintained a Sell rating on the stock with a CHF230.00 price target.

Sanofi (SNYNF)

Bank of America Securities analyst Graham Parry maintained a Buy rating on Sanofi today and set a price target of $65.00. The company’s shares closed last Wednesday at $101.00.

Parry has an average return of 2.0% when recommending Sanofi.

According to TipRanks.com, Parry is ranked #4978 out of 8689 analysts.

Sanofi has an analyst consensus of Moderate Buy, with a price target consensus of $99.05, representing a -1.9% downside. In a report issued on January 23, UBS also maintained a Buy rating on the stock with a EUR110.00 price target.

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