tiprankstipranks
Blurbs

Analysts Are Bullish on Top Healthcare Stocks: Veracyte (VCYT), Irhythm Technologies (IRTC)

There’s a lot to be optimistic about in the Healthcare sector as 2 analysts just weighed in on Veracyte (VCYTResearch Report) and Irhythm Technologies (IRTCResearch Report) with bullish sentiments.

Veracyte (VCYT)

Needham analyst Michael Matson reiterated a Buy rating on Veracyte today and set a price target of $33.00. The company’s shares closed last Thursday at $24.34.

According to TipRanks.com, Matson is a 1-star analyst with an average return of -2.1% and a 47.0% success rate. Matson covers the Healthcare sector, focusing on stocks such as Axonics Modulation Technologies, Zimmer Biomet Holdings, and Merit Medical Systems.

Veracyte has an analyst consensus of Moderate Buy, with a price target consensus of $34.00.

See the top stocks recommended by analysts >>

Irhythm Technologies (IRTC)

Needham analyst David Saxon reiterated a Buy rating on Irhythm Technologies today and set a price target of $137.00. The company’s shares closed last Thursday at $115.07.

According to TipRanks.com, Saxon is a 4-star analyst with an average return of 7.3% and a 44.3% success rate. Saxon covers the Healthcare sector, focusing on stocks such as Bausch + Lomb Corporation, Alphatec Holdings, and Envista Holdings.

Irhythm Technologies has an analyst consensus of Strong Buy, with a price target consensus of $130.00, representing a 16.2% upside. In a report issued on February 16, J.P. Morgan also maintained a Buy rating on the stock with a $142.00 price target.

TipRanks has tracked 36,000 company insiders and found that a few of them are better than others when it comes to timing their transactions. See which 3 stocks are most likely to make moves following their insider activities.

Read More on VCYT:

Trending

Name
Price
Price Change
S&P 500
Dow Jones
Nasdaq 100
Bitcoin

Popular Articles