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Analysts Offer Insights on Healthcare Companies: IQVIA Holdings (IQV), Evolent Health (EVH) and InMode (INMD)

There’s a lot to be optimistic about in the Healthcare sector as 3 analysts just weighed in on IQVIA Holdings (IQVResearch Report), Evolent Health (EVHResearch Report) and InMode (INMDResearch Report) with bullish sentiments.

IQVIA Holdings (IQV)

In a report released yesterday, Luke Sergott from Barclays maintained a Buy rating on IQVIA Holdings, with a price target of $265.00. The company’s shares closed last Wednesday at $243.47, close to its 52-week high of $243.82.

According to TipRanks.com, Sergott is a 1-star analyst with an average return of -2.6% and a 43.8% success rate. Sergott covers the Healthcare sector, focusing on stocks such as Fortrea Holdings Inc., Pacific Biosciences, and Twist Bioscience.

The word on The Street in general, suggests a Strong Buy analyst consensus rating for IQVIA Holdings with a $252.38 average price target, which is a 13.2% upside from current levels. In a report issued on February 13, BTIG also initiated coverage with a Buy rating on the stock with a $285.00 price target.

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Evolent Health (EVH)

In a report released yesterday, Stephanie Davis from Barclays maintained a Buy rating on Evolent Health, with a price target of $39.00. The company’s shares closed last Wednesday at $30.84.

According to TipRanks.com, Davis has 0 stars on 0-5 stars ranking scale with an average return of -6.9% and a 41.4% success rate. Davis covers the Healthcare sector, focusing on stocks such as Computer Programs and Systems, Walgreens Boots Alliance, and Lifestance Health Group.

Evolent Health has an analyst consensus of Strong Buy, with a price target consensus of $45.75, implying a 48.1% upside from current levels. In a report issued on January 30, TD Cowen also maintained a Buy rating on the stock with a $63.00 price target.

InMode (INMD)

In a report released yesterday, Matt Miksic from Barclays maintained a Buy rating on InMode, with a price target of $34.00. The company’s shares closed last Wednesday at $22.90, close to its 52-week low of $18.57.

According to TipRanks.com, Miksic is a 5-star analyst with an average return of 6.6% and a 61.6% success rate. Miksic covers the Healthcare sector, focusing on stocks such as Bausch + Lomb Corporation, Zimmer Biomet Holdings, and Edwards Lifesciences.

InMode has an analyst consensus of Moderate Buy, with a price target consensus of $31.00, which is a 29.2% upside from current levels. In a report issued on February 13, Robert W. Baird also maintained a Buy rating on the stock with a $30.00 price target.

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