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Analysts’ Opinions Are Mixed on These Healthcare Stocks: Bluebird Bio (BLUE) and BeiGene (BGNE)

Analysts have been eager to weigh in on the Healthcare sector with new ratings on Bluebird Bio (BLUEResearch Report) and BeiGene (BGNEResearch Report).

Bluebird Bio (BLUE)

In a report released today, Gena Wang from Barclays maintained a Buy rating on Bluebird Bio, with a price target of $8.00. The company’s shares closed last Tuesday at $1.20, close to its 52-week low of $0.88.

According to TipRanks.com, Wang is a 5-star analyst with an average return of 9.7% and a 46.2% success rate. Wang covers the Healthcare sector, focusing on stocks such as Ultragenyx Pharmaceutical, BioMarin Pharmaceutical, and Vertex Pharmaceuticals.

Currently, the analyst consensus on Bluebird Bio is a Hold with an average price target of $4.34, implying a 266.2% upside from current levels. In a report issued on March 18, Robert W. Baird also maintained a Buy rating on the stock with a $7.00 price target.

See the top stocks recommended by analysts >>

BeiGene (BGNE)

In a report released today, Rebecca Liang from Bernstein maintained a Hold rating on BeiGene, with a price target of $161.00. The company’s shares closed last Tuesday at $153.81, close to its 52-week low of $132.95.

According to TipRanks.com, Liang is ranked #7950 out of 8761 analysts.

Currently, the analyst consensus on BeiGene is a Strong Buy with an average price target of $251.31, implying a 61.1% upside from current levels. In a report issued on March 15, Bank of America Securities also reiterated a Hold rating on the stock with a $179.30 price target.

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