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Analysts Offer Insights on Healthcare Companies: Establishment Labs Holdings (ESTA) and Cytokinetics (CYTK)

There’s a lot to be optimistic about in the Healthcare sector as 2 analysts just weighed in on Establishment Labs Holdings (ESTAResearch Report) and Cytokinetics (CYTKResearch Report) with bullish sentiments.

Establishment Labs Holdings (ESTA)

In a report released yesterday, Anthony Petrone from Mizuho Securities reiterated a Buy rating on Establishment Labs Holdings, with a price target of $65.00. The company’s shares closed last Thursday at $56.83.

According to TipRanks.com, Petrone is a 4-star analyst with an average return of 4.5% and a 50.3% success rate. Petrone covers the Healthcare sector, focusing on stocks such as GE Healthcare Technologies Inc, Inspire Medical Systems, and Edwards Lifesciences.

Establishment Labs Holdings has an analyst consensus of Strong Buy, with a price target consensus of $60.00, a 10.3% upside from current levels. In a report issued on May 2, TD Cowen also maintained a Buy rating on the stock with a $60.00 price target.

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

Cytokinetics (CYTK)

Mizuho Securities analyst Salim Syed maintained a Buy rating on Cytokinetics on May 8 and set a price target of $99.00. The company’s shares closed last Thursday at $64.02.

According to TipRanks.com, Syed ‘s ranking currently consits of 0 on a 0-5 ranking scale, with an average return of -5.9% and a 38.1% success rate. Syed covers the Healthcare sector, focusing on stocks such as Crispr Therapeutics AG, Atara Biotherapeutics, and Assembly Biosciences.

The word on The Street in general, suggests a Strong Buy analyst consensus rating for Cytokinetics with a $97.58 average price target, representing a 43.1% upside. In a report issued on May 8, Goldman Sachs also maintained a Buy rating on the stock with a $85.00 price target.

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