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

There’s a lot to be optimistic about in the Healthcare sector as 3 analysts just weighed in on Cytokinetics (CYTKResearch Report), AbbVie (ABBVResearch Report) and Establishment Labs Holdings (ESTAResearch Report) with bullish sentiments.

Cytokinetics (CYTK)

In a report released today, Tessa Romero from J.P. Morgan maintained a Buy rating on Cytokinetics. The company’s shares closed last Monday at $57.89.

According to TipRanks.com, Romero is a 4-star analyst with an average return of 17.4% and a 49.0% success rate. Romero covers the Healthcare sector, focusing on stocks such as ACADIA Pharmaceuticals, Biohaven Ltd., and Agios Pharma.

The word on The Street in general, suggests a Strong Buy analyst consensus rating for Cytokinetics with a $96.15 average price target, implying a 51.8% upside from current levels. In a report issued on May 8, Goldman Sachs also maintained a Buy rating on the stock with a $85.00 price target.

See the top stocks recommended by analysts >>

AbbVie (ABBV)

Wells Fargo analyst Mohit Bansal maintained a Buy rating on AbbVie today and set a price target of $200.00. The company’s shares closed last Monday at $161.28.

According to TipRanks.com, Bansal is a 4-star analyst with an average return of 7.5% and a 58.9% 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 AbbVie is a Strong Buy with an average price target of $185.27, a 14.9% upside from current levels. In a report issued on April 29, Truist Financial also maintained a Buy rating on the stock.

Establishment Labs Holdings (ESTA)

In a report issued on May 8, Josh Jennings from TD Cowen maintained a Buy rating on Establishment Labs Holdings, with a price target of $60.00. The company’s shares closed last Monday at $56.19.

According to TipRanks.com, Jennings is a 4-star analyst with an average return of 6.8% and a 51.7% success rate. Jennings covers the Healthcare sector, focusing on stocks such as Zimmer Biomet Holdings, Tandem Diabetes Care, and Edwards Lifesciences.

Currently, the analyst consensus on Establishment Labs Holdings is a Strong Buy with an average price target of $60.00, implying a 6.5% upside from current levels. In a report issued on May 2, Mizuho Securities also reiterated a Buy rating on the stock with a $65.00 price target.

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