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Analysts Offer Insights on Healthcare Companies: Phreesia (PHR), AbCellera Biologics (ABCL) and PACS Group Inc (PACS)

Tipranks - Wed May 13, 8:28AM CDT

Companies in the Healthcare sector have received a lot of coverage today as analysts weigh in on Phreesia (PHR), AbCellera Biologics (ABCL) and PACS Group Inc (PACS).

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Phreesia (PHR)

Truist Financial analyst Jailendra Singh maintained a Hold rating on Phreesia today. The company’s shares closed last Monday at $9.57.

According to TipRanks.com, Singh is ranked 0 out of 5 stars with an average return of -12.4% and a 35.4% success rate. Singh covers the Healthcare sector, focusing on stocks such as Hinge Health, Inc. Class A, Fortrea Holdings Inc., and Revolution Medicines. ;'>

Phreesia has an analyst consensus of Moderate Buy, with a price target consensus of $15.43, representing a 52.8% upside. In a report issued on April 28, TipRanks – xAI also reiterated a Hold rating on the stock with a $10.00 price target.

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AbCellera Biologics (ABCL)

Truist Financial analyst Srikripa Devarakonda maintained a Buy rating on AbCellera Biologics today. The company’s shares closed last Monday at $5.25.

According to TipRanks.com, Devarakonda is a 5-star analyst with an average return of 18.8% and a 58.1% success rate. Devarakonda covers the Healthcare sector, focusing on stocks such as NewAmsterdam Pharma Company, Madrigal Pharmaceuticals, and Protagonist Therapeutics. ;'>

AbCellera Biologics has an analyst consensus of Strong Buy, with a price target consensus of $8.75, which is a 59.7% upside from current levels. In a report issued on May 5, Cantor Fitzgerald also initiated coverage with a Buy rating on the stock with a $7.00 price target.

PACS Group Inc (PACS)

In a report released today, David S Macdonald from Truist Financial maintained a Buy rating on PACS Group Inc. The company’s shares closed last Monday at $31.90.

According to TipRanks.com, Macdonald is a 5-star analyst with an average return of 10.0% and a 57.8% success rate. Macdonald covers the Healthcare sector, focusing on stocks such as Guardian Pharmacy Services, Inc. Class A, Concentra Group Holdings Parent, Inc., and Ardent Health Partners, Inc. ;'>

The word on The Street in general, suggests a Strong Buy analyst consensus rating for PACS Group Inc with a $45.50 average price target, which is a 35.7% upside from current levels. In a report issued on April 28, TipRanks – Google also reiterated a Buy rating on the stock with a $39.00 price target.

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