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Analysts Offer Insights on Healthcare Companies: Cigna (CI) and Hologic (HOLX)

Companies in the Healthcare sector have received a lot of coverage today as analysts weigh in on Cigna (CIResearch Report) and Hologic (HOLXResearch Report).

Cigna (CI)

Morgan Stanley analyst Erin Wright maintained a Buy rating on Cigna on February 2 and set a price target of $365.00. The company’s shares closed last Friday at $323.84, close to its 52-week high of $328.37.

According to TipRanks.com, Wright is a 5-star analyst with an average return of 16.5% and a 68.4% success rate. Wright covers the Healthcare sector, focusing on stocks such as Elanco Animal Health, Patterson Companies, and Idexx Laboratories.

Currently, the analyst consensus on Cigna is a Moderate Buy with an average price target of $374.45, which is a 18.6% upside from current levels. In a report issued on February 1, Deutsche Bank also upgraded the stock to Buy with a $370.00 price target.

See the top stocks recommended by analysts >>

Hologic (HOLX)

Morgan Stanley analyst Tejas Savant maintained a Hold rating on Hologic yesterday and set a price target of $84.00. The company’s shares closed last Friday at $72.44.

According to TipRanks.com, Savant ‘s ranking currently consits of 0 on a 0-5 ranking scale, with an average return of -8.4% and a 37.0% success rate. Savant covers the Healthcare sector, focusing on stocks such as Charles River Labs, Guardant Health, and NanoString Tech.

The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Hologic with a $81.60 average price target, representing a 9.7% upside. In a report issued on January 24, RBC Capital also maintained a Hold rating on the stock with a $76.00 price target.

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