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Analysts’ Opinions Are Mixed on These Healthcare Stocks: Amgen (AMGN), Qiagen (QGEN) and Waters (WAT)

Analysts have been eager to weigh in on the Healthcare sector with new ratings on Amgen (AMGNResearch Report), Qiagen (QGENResearch Report) and Waters (WATResearch Report).

Amgen (AMGN)

Bank of America Securities analyst Geoff Meacham maintained a Hold rating on Amgen yesterday and set a price target of $315.00. The company’s shares closed last Tuesday at $316.07, close to its 52-week high of $329.72.

According to TipRanks.com, Meacham is a 4-star analyst with an average return of 3.8% and a 50.8% success rate. Meacham covers the Healthcare sector, focusing on stocks such as Amylyx Pharmaceuticals Inc, Rani Therapeutics Holdings, and Turnstone Biologics Corp.

Currently, the analyst consensus on Amgen is a Moderate Buy with an average price target of $312.14, implying a -4.1% downside from current levels. In a report issued on January 29, J.P. Morgan also maintained a Hold rating on the stock with a $290.00 price target.

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

Qiagen (QGEN)

J.P. Morgan analyst Casey Woodring maintained a Buy rating on Qiagen yesterday. The company’s shares closed last Tuesday at $44.80.

According to TipRanks.com, Woodring is a 1-star analyst with an average return of -9.4% and a 31.3% success rate. Woodring covers the Healthcare sector, focusing on stocks such as Orasure Technologies, Charles River Labs, and Hologic.

Qiagen has an analyst consensus of Moderate Buy, with a price target consensus of $48.18, which is a 13.4% upside from current levels. In a report issued on January 26, Deutsche Bank also maintained a Buy rating on the stock.

Waters (WAT)

Bank of America Securities analyst Derik De Bruin reiterated a Hold rating on Waters yesterday and set a price target of $338.00. The company’s shares closed last Tuesday at $330.38, close to its 52-week high of $346.24.

According to TipRanks.com, Bruin is a 3-star analyst with an average return of 1.8% and a 50.6% success rate. Bruin covers the Healthcare sector, focusing on stocks such as Fortrea Holdings Inc., Charles River Labs, and Quest Diagnostics.

Waters has an analyst consensus of Hold, with a price target consensus of $296.89, implying a -7.8% downside from current levels. In a report issued on January 29, Robert W. Baird also maintained a Hold rating on the stock with a $289.00 price target.

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