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Analysts’ Top Healthcare Picks: Ionis Pharmaceuticals (IONS), Glaukos (GKOS)

There’s a lot to be optimistic about in the Healthcare sector as 2 analysts just weighed in on Ionis Pharmaceuticals (IONSResearch Report) and Glaukos (GKOSResearch Report) with bullish sentiments.

Ionis Pharmaceuticals (IONS)

In a report released yesterday, Jason Gerberry from Bank of America Securities maintained a Buy rating on Ionis Pharmaceuticals, with a price target of $62.00. The company’s shares closed last Thursday at $45.28.

According to TipRanks.com, Gerberry is a 3-star analyst with an average return of 2.1% and a 46.6% success rate. Gerberry covers the Healthcare sector, focusing on stocks such as Harmony Biosciences Holdings, Amphastar Pharmaceuticals, and Arrowhead Pharmaceuticals.

The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Ionis Pharmaceuticals with a $59.92 average price target, which is a 24.0% upside from current levels. In a report issued on February 12, Wells Fargo also maintained a Buy rating on the stock with a $85.00 price target.

See Insiders’ Hot Stocks on TipRanks >>

Glaukos (GKOS)

Needham analyst David Saxon maintained a Buy rating on Glaukos today and set a price target of $105.00. The company’s shares closed last Thursday at $96.11, close to its 52-week high of $97.24.

According to TipRanks.com, Saxon is a 4-star analyst with an average return of 7.6% and a 46.4% success rate. Saxon covers the Healthcare sector, focusing on stocks such as Irhythm Technologies, Alphatec Holdings, and Envista Holdings.

Glaukos has an analyst consensus of Strong Buy, with a price target consensus of $91.56.

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