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Analysts Have Conflicting Sentiments on These Healthcare Companies: Deciphera Pharmaceuticals (DCPH) and Shockwave Medical (SWAV)

Companies in the Healthcare sector have received a lot of coverage today as analysts weigh in on Deciphera Pharmaceuticals (DCPHResearch Report) and Shockwave Medical (SWAVResearch Report).

Deciphera Pharmaceuticals (DCPH)

In a report released today, Reni Benjamin from JMP Securities reiterated a Buy rating on Deciphera Pharmaceuticals, with a price target of $23.00. The company’s shares closed last Friday at $15.34.

According to TipRanks.com, Benjamin is currently ranked with 0 stars on a 0-5 stars ranking scale, with an average return of -5.5% and a 35.7% success rate. Benjamin covers the Healthcare sector, focusing on stocks such as Iovance Biotherapeutics, Allogene Therapeutics, and Werewolf Therapeutics.

Currently, the analyst consensus on Deciphera Pharmaceuticals is a Moderate Buy with an average price target of $22.67.

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

Shockwave Medical (SWAV)

In a report issued on April 5, Imron Zafar from Deutsche Bank downgraded Shockwave Medical to Hold, with a price target of $335.00. The company’s shares closed last Friday at $326.34, close to its 52-week high of $331.58.

Zafar has an average return of 29.7% when recommending Shockwave Medical.

According to TipRanks.com, Zafar is ranked #2647 out of 8789 analysts.

Shockwave Medical has an analyst consensus of Hold, with a price target consensus of $298.13, implying a -8.4% downside from current levels. In a report issued on April 4, Wolfe Research also downgraded the stock to Hold.

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