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Analysts Are Bullish on Top Healthcare Stocks: Medtronic (MDT), Pharvaris (PHVS)

Tipranks - Sat Apr 4, 9:06PM CDT

There’s a lot to be optimistic about in the Healthcare sector as 3 analysts just weighed in on Medtronic (MDT), Pharvaris (PHVS) and Amgen (AMGN) with bullish sentiments.

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Medtronic (MDT)

In a report issued on April 2, Shagun Singh Chadha from RBC Capital maintained a Buy rating on Medtronic, with a price target of $118.00. The company’s shares closed last Thursday at $86.63.

According to TipRanks.com, Chadha is a 3-star analyst with an average return of 0.8% and a 45.8% success rate. Chadha covers the Healthcare sector, focusing on stocks such as Inspire Medical Systems, Zimmer Biomet Holdings, and Edwards Lifesciences. ;'>

Currently, the analyst consensus on Medtronic is a Moderate Buy with an average price target of $109.80, implying a 27.9% upside from current levels. In a report issued on March 20, TipRanks – PerPlexity also upgraded the stock to Buy with a $102.00 price target.

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Pharvaris (PHVS)

RBC Capital analyst Nevin Varghese maintained a Buy rating on Pharvaris on April 2 and set a price target of $51.00. The company’s shares closed last Thursday at $28.56.

Pharvaris has an analyst consensus of Strong Buy, with a price target consensus of $45.50.

Amgen (AMGN)

RBC Capital analyst Luca Issi maintained a Buy rating on Amgen on April 2 and set a price target of $360.00. The company’s shares closed last Thursday at $347.94.

According to TipRanks.com, Issi is ranked 0 out of 5 stars with an average return of -3.9% and a 36.8% success rate. Issi covers the Healthcare sector, focusing on stocks such as Ultragenyx Pharmaceutical, Arrowhead Pharmaceuticals, and Lexeo Therapeutics, Inc. ;'>

Currently, the analyst consensus on Amgen is a Moderate Buy with an average price target of $367.45, representing a 4.2% upside. In a report issued on March 24, Scotiabank also maintained a Buy rating on the stock with a $385.00 price target.

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