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Analysts Have Conflicting Sentiments on These Healthcare Companies: Edwards Lifesciences (EW), Alcon (ALC) and Elanco Animal Health (ELAN)

Tipranks - Thu Apr 9, 3:14AM CDT

Companies in the Healthcare sector have received a lot of coverage today as analysts weigh in on Edwards Lifesciences (EW), Alcon (ALC) and Elanco Animal Health (ELAN).

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Edwards Lifesciences (EW)

Citi analyst Joanne Wuensch maintained a Buy rating on Edwards Lifesciences yesterday and set a price target of $101.00. The company’s shares closed last Tuesday at $80.84.

According to TipRanks.com, Wuensch is a 4-star analyst with an average return of 2.3% and a 50.9% success rate. Wuensch covers the Healthcare sector, focusing on stocks such as GE Healthcare Technologies Inc, Establishment Labs Holdings, and Bausch + Lomb Corporation. ;'>

The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Edwards Lifesciences with a $96.56 average price target, which is a 19.8% upside from current levels. In a report issued on April 1, Wolfe Research also upgraded the stock to Buy with a $92.00 price target.

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Alcon (ALC)

In a report released yesterday, Thomas Stephan from Stifel Nicolaus maintained a Hold rating on Alcon. The company’s shares closed last Tuesday at $74.67.

According to TipRanks.com, Stephan is a 2-star analyst with an average return of 0.1% and a 34.5% success rate. Stephan covers the Healthcare sector, focusing on stocks such as Bausch + Lomb Corporation, TransMedics Group, and Alphatec Holdings. ;'>

The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Alcon with a $96.23 average price target, representing a 28.3% upside. In a report issued on March 23, TipRanks – Anthropic also reiterated a Hold rating on the stock with a CHF63.00 price target.

Elanco Animal Health (ELAN)

In a report released yesterday, Michael Ryskin from Bank of America Securities maintained a Buy rating on Elanco Animal Health, with a price target of $30.00. The company’s shares closed last Tuesday at $22.80.

According to TipRanks.com, Ryskin is a 3-star analyst with an average return of 1.1% and a 47.3% success rate. Ryskin covers the Healthcare sector, focusing on stocks such as West Pharmaceutical Services, Caris Life Sciences, Inc., and Tempus AI, Inc. Class A. ;'>

Elanco Animal Health has an analyst consensus of Strong Buy, with a price target consensus of $29.40.

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