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Analysts Offer Insights on Healthcare Companies: Amgen (AMGN), Bausch Health Companies (BHC) and Ultragenyx Pharmaceutical (RARE)

There’s a lot to be optimistic about in the Healthcare sector as 3 analysts just weighed in on Amgen (AMGNResearch Report), Bausch Health Companies (BHCResearch Report) and Ultragenyx Pharmaceutical (RAREResearch Report) with bullish sentiments.

Amgen (AMGN)

Jefferies analyst Michael Yee maintained a Buy rating on Amgen today and set a price target of $375.00. The company’s shares closed last Tuesday at $270.36.

According to TipRanks.com, Yee is a 1-star analyst with an average return of -0.4% and a 44.0% success rate. Yee covers the Healthcare sector, focusing on stocks such as Iovance Biotherapeutics, Vertex Pharmaceuticals, and Olema Pharmaceuticals.

Currently, the analyst consensus on Amgen is a Moderate Buy with an average price target of $312.67, representing a 15.7% upside. In a report issued on April 3, RBC Capital also maintained a Buy rating on the stock with a $329.00 price target.

See the top stocks recommended by analysts >>

Bausch Health Companies (BHC)

In a report released today, Glen Santangelo from Jefferies maintained a Buy rating on Bausch Health Companies, with a price target of $16.00. The company’s shares closed last Tuesday at $9.26.

According to TipRanks.com, Santangelo is a 4-star analyst with an average return of 6.6% and a 54.4% success rate. Santangelo covers the Healthcare sector, focusing on stocks such as Amphastar Pharmaceuticals, Pacira Pharmaceuticals, and Teva Pharmaceutical.

The word on The Street in general, suggests a Hold analyst consensus rating for Bausch Health Companies with a $10.50 average price target.

Ultragenyx Pharmaceutical (RARE)

Jefferies analyst Maury Raycroft maintained a Buy rating on Ultragenyx Pharmaceutical today and set a price target of $129.00. The company’s shares closed last Tuesday at $50.56.

According to TipRanks.com, Raycroft is a 4-star analyst with an average return of 5.7% and a 36.8% success rate. Raycroft covers the Healthcare sector, focusing on stocks such as Corbus Pharmaceuticals, Dianthus Therapeutics, and Tempest Therapeutics.

Currently, the analyst consensus on Ultragenyx Pharmaceutical is a Strong Buy with an average price target of $90.07, a 78.9% upside from current levels. In a report issued on April 3, Leerink Partners also maintained a Buy rating on the stock with a $98.00 price target.

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