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Analysts Conflicted on These Healthcare Names: Conmed (CNMD), AbbVie (ABBV) and Nurix Therapeutics (NRIX)

Analysts have been eager to weigh in on the Healthcare sector with new ratings on Conmed (CNMDResearch Report), AbbVie (ABBVResearch Report) and Nurix Therapeutics (NRIXResearch Report).

Conmed (CNMD)

Wells Fargo analyst Vik Chopra maintained a Hold rating on Conmed yesterday and set a price target of $98.00. The company’s shares closed last Tuesday at $80.36, close to its 52-week low of $74.67.

According to TipRanks.com, Chopra is a 3-star analyst with an average return of 3.7% and a 59.1% success rate. Chopra covers the Healthcare sector, focusing on stocks such as Integra Lifesciences, Alphatec Holdings, and Globus Medical.

The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Conmed with a $109.50 average price target.

See Insiders’ Hot Stocks on TipRanks >>

AbbVie (ABBV)

In a report released yesterday, Mohit Bansal from Wells Fargo maintained a Buy rating on AbbVie, with a price target of $200.00. The company’s shares closed last Tuesday at $170.14.

According to TipRanks.com, Bansal is a 4-star analyst with an average return of 7.4% and a 56.9% success rate. Bansal covers the Healthcare sector, focusing on stocks such as Cerevel Therapeutics Holdings, Mineralys Therapeutics, Inc., and BioMarin Pharmaceutical.

AbbVie has an analyst consensus of Moderate Buy, with a price target consensus of $180.86, which is a 6.6% upside from current levels. In a report issued on March 27, Barclays also maintained a Buy rating on the stock with a $195.00 price target.

Nurix Therapeutics (NRIX)

In a report released yesterday, Derek Archila from Wells Fargo maintained a Buy rating on Nurix Therapeutics, with a price target of $20.00. The company’s shares closed last Tuesday at $17.48.

According to TipRanks.com, Archila is a 4-star analyst with an average return of 8.9% and a 45.4% success rate. Archila covers the Healthcare sector, focusing on stocks such as Zentalis Pharmaceuticals, Apellis Pharmaceuticals, and Arvinas Holding Company.

Currently, the analyst consensus on Nurix Therapeutics is a Strong Buy with an average price target of $24.00, which is a 72.0% upside from current levels. In a report issued on March 25, Robert W. Baird also maintained a Buy rating on the stock with a $24.00 price target.

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