tiprankstipranks
Blurbs

Analysts Offer Insights on Healthcare Companies: Vertex Pharmaceuticals (VRTX), Medtronic (MDT) and Caribou Biosciences (CRBU)

There’s a lot to be optimistic about in the Healthcare sector as 3 analysts just weighed in on Vertex Pharmaceuticals (VRTXResearch Report), Medtronic (MDTResearch Report) and Caribou Biosciences (CRBUResearch Report) with bullish sentiments.

Vertex Pharmaceuticals (VRTX)

Barclays analyst Gena Wang maintained a Buy rating on Vertex Pharmaceuticals yesterday and set a price target of $472.00. The company’s shares closed last Tuesday at $412.45.

According to TipRanks.com, Wang is a 5-star analyst with an average return of 10.2% and a 46.3% success rate. Wang covers the Healthcare sector, focusing on stocks such as Ultragenyx Pharmaceutical, BioMarin Pharmaceutical, and Crispr Therapeutics AG.

Vertex Pharmaceuticals has an analyst consensus of Moderate Buy, with a price target consensus of $435.60, representing a 5.5% upside. In a report issued on March 1, Goldman Sachs also maintained a Buy rating on the stock.

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

Medtronic (MDT)

In a report released yesterday, Matt Miksic from Barclays maintained a Buy rating on Medtronic, with a price target of $104.00. The company’s shares closed last Tuesday at $85.74.

According to TipRanks.com, Miksic is a 5-star analyst with an average return of 7.3% and a 63.6% success rate. Miksic covers the Healthcare sector, focusing on stocks such as Bausch + Lomb Corporation, Zimmer Biomet Holdings, and Edwards Lifesciences.

Currently, the analyst consensus on Medtronic is a Moderate Buy with an average price target of $93.20, which is a 9.5% upside from current levels. In a report issued on February 29, Wells Fargo also maintained a Buy rating on the stock with a $102.00 price target.

Caribou Biosciences (CRBU)

In a report released yesterday, Yigal Nochomovitz from Citi maintained a Buy rating on Caribou Biosciences, with a price target of $30.00. The company’s shares closed last Tuesday at $5.02.

According to TipRanks.com, Nochomovitz is a 5-star analyst with an average return of 15.3% and a 47.3% success rate. Nochomovitz covers the Healthcare sector, focusing on stocks such as Ultragenyx Pharmaceutical, Apellis Pharmaceuticals, and Arvinas Holding Company.

Caribou Biosciences has an analyst consensus of Strong Buy, with a price target consensus of $23.17, a 223.6% upside from current levels. In a report issued on March 11, RBC Capital also maintained a Buy rating on the stock with a $19.00 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 VRTX:

Trending

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

Popular Articles