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Analysts Are Bullish on These Healthcare Stocks: Alvotech (ALVO), Cardinal Health (CAH)

There’s a lot to be optimistic about in the Healthcare sector as 3 analysts just weighed in on Alvotech (ALVOResearch Report), Cardinal Health (CAHResearch Report) and Lexicon Pharmaceuticals (LXRXResearch Report) with bullish sentiments.

Alvotech (ALVO)

Barclays analyst Balaji Prasad maintained a Buy rating on Alvotech today and set a price target of $20.00. The company’s shares closed last Monday at $13.33.

According to TipRanks.com, Prasad is a 2-star analyst with an average return of 0.0% and a 39.6% success rate. Prasad covers the Healthcare sector, focusing on stocks such as Dr Reddy’s Laboratories, Pacira Pharmaceuticals, and Amneal Pharmaceuticals.

Alvotech has an analyst consensus of Moderate Buy, with a price target consensus of $24.00.

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

Cardinal Health (CAH)

Barclays analyst Stephanie Davis assigned a Buy rating to Cardinal Health today and set a price target of $117.00. The company’s shares closed last Monday at $102.83.

According to TipRanks.com, Davis is ranked 0 out of 5 stars with an average return of -7.0% and a 40.1% success rate. Davis covers the Healthcare sector, focusing on stocks such as Walgreens Boots Alliance, Lifestance Health Group, and Quest Diagnostics.

The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Cardinal Health with a $115.14 average price target.

Lexicon Pharmaceuticals (LXRX)

In a report released yesterday, Yigal Nochomovitz from Citi maintained a Buy rating on Lexicon Pharmaceuticals, with a price target of $4.00. The company’s shares closed last Monday at $1.71.

According to TipRanks.com, Nochomovitz is a 5-star analyst with an average return of 10.6% and a 43.4% success rate. Nochomovitz covers the Healthcare sector, focusing on stocks such as Ultragenyx Pharmaceutical, Arvinas Holding Company, and Crispr Therapeutics AG.

The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Lexicon Pharmaceuticals with a $7.00 average price target.

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