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Analysts Conflicted on These Healthcare Names: ACADIA Pharmaceuticals (ACAD), Qiagen (QGEN) and Alcon (ALC)

Tipranks - Thu May 7, 10:52PM CDT

Analysts have been eager to weigh in on the Healthcare sector with new ratings on ACADIA Pharmaceuticals (ACAD), Qiagen (QGEN) and Alcon (ALC).

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ACADIA Pharmaceuticals (ACAD)

In a report released yesterday, Ritu Baral from TD Cowen maintained a Buy rating on ACADIA Pharmaceuticals, with a price target of $37.00. The company’s shares closed last Wednesday at $21.48.

According to TipRanks.com, Baral is a top 100 analyst with an average return of 47.8% and a 55.7% success rate. Baral covers the Healthcare sector, focusing on stocks such as Sagimet Biosciences, Inc. Class A, Praxis Precision Medicines, and Sionna Therapeutics, Inc. ;'>

Currently, the analyst consensus on ACADIA Pharmaceuticals is a Strong Buy with an average price target of $32.62.

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Qiagen (QGEN)

TD Cowen analyst Daniel Brennan maintained a Hold rating on Qiagen yesterday and set a price target of $40.00. The company’s shares closed last Wednesday at $34.44.

According to TipRanks.com, Brennan is a 5-star analyst with an average return of 14.6% and a 45.9% success rate. Brennan covers the Healthcare sector, focusing on stocks such as Caris Life Sciences, Inc., Adaptive Biotechnologies, and Tempus AI, Inc. Class A. ;'>

Qiagen has an analyst consensus of Moderate Buy, with a price target consensus of $44.16, representing a 28.7% upside. In a report issued on April 21, TipRanks – xAI also downgraded the stock to Hold with a $45.00 price target.

Alcon (ALC)

Barclays analyst Matt Miksic reiterated a Hold rating on Alcon yesterday and set a price target of $90.00. The company’s shares closed last Wednesday at $65.41.

According to TipRanks.com, Miksic is a 3-star analyst with an average return of 1.6% and a 48.9% success rate. Miksic covers the Healthcare sector, focusing on stocks such as Anteris Technologies Global Corp., GE Healthcare Technologies Inc, and Bausch + Lomb Corporation. ;'>

The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Alcon with a $96.46 average price target, which is a 46.0% upside from current levels. In a report released yesterday, Stifel Nicolaus also maintained a Hold rating on the stock with a $70.00 price target.

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