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Analysts Are Bullish on These Healthcare Stocks: Atricure (ATRC), Alkermes (ALKS)

There’s a lot to be optimistic about in the Healthcare sector as 3 analysts just weighed in on Atricure (ATRCResearch Report), Alkermes (ALKSResearch Report) and Bristol-Myers Squibb (BMYResearch Report) with bullish sentiments.

Atricure (ATRC)

In a report released today, Matthew O’Brien from Piper Sandler maintained a Buy rating on Atricure, with a price target of $65.00. The company’s shares closed last Friday at $23.17, close to its 52-week low of $22.07.

According to TipRanks.com, O’Brien is a 4-star analyst with an average return of 5.5% and a 51.6% success rate. O’Brien covers the Healthcare sector, focusing on stocks such as Orchestra BioMed Holdings, Tandem Diabetes Care, and PROCEPT BioRobotics.

Currently, the analyst consensus on Atricure is a Strong Buy with an average price target of $51.89, a 128.6% upside from current levels. In a report issued on April 23, Oppenheimer also upgraded the stock to Buy with a $32.00 price target.

See Insiders’ Hot Stocks on TipRanks >>

Alkermes (ALKS)

Piper Sandler analyst David Amsellem maintained a Buy rating on Alkermes today and set a price target of $39.00. The company’s shares closed last Friday at $24.68.

According to TipRanks.com, Amsellem has currently 0 stars on a ranking scale of 0-5 stars, with an average return of -3.3% and a 40.6% success rate. Amsellem covers the Healthcare sector, focusing on stocks such as Harmony Biosciences Holdings, Amphastar Pharmaceuticals, and Supernus Pharmaceuticals.

The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Alkermes with a $35.50 average price target, which is a 44.6% upside from current levels. In a report issued on April 16, Mizuho Securities also maintained a Buy rating on the stock with a $35.00 price target.

Bristol-Myers Squibb (BMY)

Goldman Sachs analyst Chris Shibutani maintained a Buy rating on Bristol-Myers Squibb today and set a price target of $56.00. The company’s shares closed last Friday at $44.85, close to its 52-week low of $44.34.

According to TipRanks.com, Shibutani is a 5-star analyst with an average return of 12.2% and a 42.8% success rate. Shibutani covers the Healthcare sector, focusing on stocks such as Arcutis Biotherapeutics, Syndax Pharmaceuticals, and Revance Therapeutics.

Bristol-Myers Squibb has an analyst consensus of Hold, with a price target consensus of $53.53, implying a 19.8% upside from current levels. In a report issued on April 26, Truist Financial also maintained a Buy rating on the stock with a $64.00 price target.

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