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Analysts Offer Insights on Healthcare Companies: Boston Scientific (BSX), Insmed (INSM) and Amgen (AMGN)

Companies in the Healthcare sector have received a lot of coverage today as analysts weigh in on Boston Scientific (BSXResearch Report), Insmed (INSMResearch Report) and Amgen (AMGNResearch Report).

Boston Scientific (BSX)

Oppenheimer analyst Steven Lichtman maintained a Hold rating on Boston Scientific today and set a price target of $68.00. The company’s shares closed last Wednesday at $63.26, close to its 52-week high of $64.49.

According to TipRanks.com, Lichtman is a 5-star analyst with an average return of 11.6% and a 52.3% success rate. Lichtman covers the Healthcare sector, focusing on stocks such as Merit Medical Systems, Staar Surgical, and Globus Medical.

The word on The Street in general, suggests a Strong Buy analyst consensus rating for Boston Scientific with a $69.16 average price target.

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

Insmed (INSM)

Wells Fargo analyst Tiago Fauth maintained a Buy rating on Insmed today and set a price target of $55.00. The company’s shares closed last Wednesday at $27.80.

According to TipRanks.com, Fauth is ranked 0 out of 5 stars with an average return of -9.0% and a 36.6% success rate. Fauth covers the Healthcare sector, focusing on stocks such as Ultragenyx Pharmaceutical, Aerovate Therapeutics, and Pliant Therapeutics.

The word on The Street in general, suggests a Strong Buy analyst consensus rating for Insmed with a $40.71 average price target.

Amgen (AMGN)

In a report released today, Jay Olson from Oppenheimer maintained a Buy rating on Amgen, with a price target of $350.00. The company’s shares closed last Wednesday at $314.26, close to its 52-week high of $316.64.

According to TipRanks.com, Olson is a 5-star analyst with an average return of 12.7% and a 43.8% success rate. Olson covers the Healthcare sector, focusing on stocks such as Madrigal Pharmaceuticals, Enanta Pharmaceuticals, and Crispr Therapeutics AG.

The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Amgen with a $304.25 average price target, which is a -3.7% downside from current levels. In a report issued on January 25, Wells Fargo also maintained a Buy rating on the stock with a $320.00 price target.

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