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Analysts Offer Insights on Healthcare Companies: Thermo Fisher (TMO), Biogen (BIIB) and Molina Healthcare (MOH)

Analysts have been eager to weigh in on the Healthcare sector with new ratings on Thermo Fisher (TMOResearch Report), Biogen (BIIBResearch Report) and Molina Healthcare (MOHResearch Report).

Thermo Fisher (TMO)

In a report released yesterday, Michael Ryskin from Bank of America Securities reiterated a Buy rating on Thermo Fisher, with a price target of $600.00. The company’s shares closed last Wednesday at $577.39, close to its 52-week high of $603.82.

According to TipRanks.com, Ryskin is a 3-star analyst with an average return of 3.7% and a 51.0% success rate. Ryskin covers the Healthcare sector, focusing on stocks such as Maravai Lifesciences Holdings, Elanco Animal Health, and Phibro Animal Health.

Thermo Fisher has an analyst consensus of Strong Buy, with a price target consensus of $617.00, implying a 6.7% upside from current levels. In a report issued on April 10, Goldman Sachs also maintained a Buy rating on the stock with a $640.00 price target.

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

Biogen (BIIB)

In a report released yesterday, Mohit Bansal from Wells Fargo maintained a Hold rating on Biogen, with a price target of $240.00. The company’s shares closed last Wednesday at $201.99, close to its 52-week low of $189.44.

According to TipRanks.com, Bansal is a 4-star analyst with an average return of 6.5% and a 55.1% success rate. Bansal covers the Healthcare sector, focusing on stocks such as Cerevel Therapeutics Holdings, Mineralys Therapeutics, Inc., and BioMarin Pharmaceutical.

Currently, the analyst consensus on Biogen is a Moderate Buy with an average price target of $283.95, which is a 42.7% upside from current levels. In a report issued on April 11, J.P. Morgan also maintained a Hold rating on the stock with a $240.00 price target.

Molina Healthcare (MOH)

In a report released yesterday, Steve Baxter from Wells Fargo maintained a Hold rating on Molina Healthcare, with a price target of $410.00. The company’s shares closed last Wednesday at $367.41.

According to TipRanks.com, Baxter is a 3-star analyst with an average return of 2.0% and a 47.9% success rate. Baxter covers the Healthcare sector, focusing on stocks such as Tenet Healthcare, Community Health, and Universal Health.

Molina Healthcare has an analyst consensus of Moderate Buy, with a price target consensus of $416.11, implying a 14.2% upside from current levels. In a report issued on April 15, Barclays also maintained a Hold rating on the stock with a $437.00 price target.

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