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Analysts’ Opinions Are Mixed on These Healthcare Stocks: Penumbra (PEN), BioMarin Pharmaceutical (BMRN) and Insulet (PODD)

Analysts have been eager to weigh in on the Healthcare sector with new ratings on Penumbra (PENResearch Report), BioMarin Pharmaceutical (BMRNResearch Report) and Insulet (PODDResearch Report).

Penumbra (PEN)

In a report released yesterday, Ryan Zimmerman from BTIG maintained a Buy rating on Penumbra, with a price target of $264.00. The company’s shares closed last Thursday at $262.68.

According to TipRanks.com, Zimmerman is a 5-star analyst with an average return of 12.3% and a 50.7% success rate. Zimmerman covers the Healthcare sector, focusing on stocks such as GE Healthcare Technologies Inc, Tactile Systems Technology, and Treace Medical Concepts.

Currently, the analyst consensus on Penumbra is a Strong Buy with an average price target of $285.13, which is a 11.0% upside from current levels. In a report released yesterday, Wells Fargo also maintained a Buy rating on the stock with a $289.00 price target.

See the top stocks recommended by analysts >>

BioMarin Pharmaceutical (BMRN)

RBC Capital analyst Luca Issi maintained a Hold rating on BioMarin Pharmaceutical yesterday and set a price target of $100.00. The company’s shares closed last Thursday at $89.97.

According to TipRanks.com, Issi ‘s ranking currently consits of 0 on a 0-5 ranking scale, with an average return of -19.7% and a 25.6% success rate. Issi covers the Healthcare sector, focusing on stocks such as Arrowhead Pharmaceuticals, Lexeo Therapeutics, Inc., and Crispr Therapeutics AG.

The word on The Street in general, suggests a Moderate Buy analyst consensus rating for BioMarin Pharmaceutical with a $106.35 average price target, which is a 19.1% upside from current levels. In a report released today, Citi also maintained a Hold rating on the stock with a $94.00 price target.

Insulet (PODD)

In a report released yesterday, Marie Thibault from BTIG maintained a Buy rating on Insulet, with a price target of $270.00. The company’s shares closed last Thursday at $197.14.

According to TipRanks.com, Thibault is a 1-star analyst with an average return of -1.2% and a 34.7% success rate. Thibault covers the Healthcare sector, focusing on stocks such as Establishment Labs Holdings, Edwards Lifesciences, and Irhythm Technologies.

Insulet has an analyst consensus of Moderate Buy, with a price target consensus of $238.55, implying a 23.6% upside from current levels. In a report released yesterday, Wells Fargo also maintained a Buy rating on the stock with a $240.00 price target.

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