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Analysts Offer Insights on Healthcare Companies: AbbVie (ABBV), Butterfly Network (BFLY) and Disc Medicine (IRON)

Tipranks - Tue Mar 3, 9:56AM CST

There’s a lot to be optimistic about in the Healthcare sector as 3 analysts just weighed in on AbbVie (ABBVResearch Report), Butterfly Network (BFLYResearch Report) and Disc Medicine (IRONResearch Report) with bullish sentiments.

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AbbVie (ABBV)

In a report released today, Matt Phipps from William Blair maintained a Buy rating on AbbVie. The company’s shares closed last Monday at $232.66.

According to TipRanks.com, Phipps is a 4-star analyst with an average return of 5.3% and a 47.4% success rate. Phipps covers the Healthcare sector, focusing on stocks such as NewAmsterdam Pharma Company, Janux Therapeutics Inc, and Ionis Pharmaceuticals. ;'>

AbbVie has an analyst consensus of Moderate Buy, with a price target consensus of $253.06, implying an 8.3% upside from current levels. In a report issued on February 19, Barclays also initiated coverage with a Buy rating on the stock with a $275.00 price target.

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Butterfly Network (BFLY)

Craig-Hallum analyst Chase Knickerbocker maintained a Buy rating on Butterfly Network today. The company’s shares closed last Monday at $3.70.

According to TipRanks.com, Knickerbocker is a top 100 analyst with an average return of 36.2% and a 59.7% success rate. Knickerbocker covers the Healthcare sector, focusing on stocks such as Phathom Pharmaceuticals, Diamedica Therapeutics, and Fennec Pharmaceuticals. ;'>

The word on The Street in general, suggests a Strong Buy analyst consensus rating for Butterfly Network with a $5.75 average price target, which is a 57.5% upside from current levels. In a report issued on February 27, TipRanks – Google also upgraded the stock to Buy with a $5.50 price target.

Disc Medicine (IRON)

Cantor Fitzgerald analyst Kristen Kluska maintained a Buy rating on Disc Medicine on February 27 and set a price target of $125.00. The company’s shares closed last Monday at $65.56, close to its 52-week high of $68.73.

According to TipRanks.com, Kluska is a 5-star analyst with an average return of 24.4% and a 46.8% success rate. Kluska covers the Healthcare sector, focusing on stocks such as DBV Technologies SA – American, Ultragenyx Pharmaceutical, and Mereo Biopharma Group Plc. ;'>

Disc Medicine has an analyst consensus of Strong Buy, with a price target consensus of $104.55, which is a 61.2% upside from current levels. In a report issued on February 13, LifeSci Capital also maintained a Buy rating on the stock with a $100.00 price target.

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