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Analysts’ Top Healthcare Picks: Dr Reddy’s Laboratories (RDY), Amgen (AMGN)

Tipranks - Fri Jun 19, 6:22AM CDT

There’s a lot to be optimistic about in the Healthcare sector as 3 analysts just weighed in on Dr Reddy’s Laboratories (RDY), Amgen (AMGN) and Viking Therapeutics (VKTX) with bullish sentiments.

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Dr Reddy’s Laboratories (RDY)

According to TipRanks.com, Manpuria is ranked #5835 out of 12315 analysts.

Dr Reddy’s Laboratories has an analyst consensus of Hold, with a price target consensus of $16.16.

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Amgen (AMGN)

In a report released today, Luca Issi from RBC Capital reiterated a Buy rating on Amgen, with a price target of $370.00. The company’s shares closed last Wednesday at $341.66, close to its 52-week high of $346.85.

According to TipRanks.com, Issi is a 1-star analyst with an average return of -1.9% and a 38.2% success rate. Issi covers the Healthcare sector, focusing on stocks such as Ultragenyx Pharmaceutical, Arrowhead Pharmaceuticals, and Lexeo Therapeutics, Inc. ;'>

Amgen has an analyst consensus of Moderate Buy, with a price target consensus of $357.38, which is a 3.0% upside from current levels. In a report issued on June 5, Goldman Sachs also maintained a Buy rating on the stock with a $389.00 price target.

Viking Therapeutics (VKTX)

Morgan Stanley analyst Michael Ulz reiterated a Buy rating on Viking Therapeutics today and set a price target of $95.00. The company’s shares closed last Wednesday at $30.29, close to its 52-week low of $24.41.

According to TipRanks.com, Ulz is a 2-star analyst with an average return of 0.7% and a 43.7% success rate. Ulz covers the Healthcare sector, focusing on stocks such as Aardvark Therapeutics, Inc., Kyverna Therapeutics, Inc., and Arrowhead Pharmaceuticals. ;'>

The word on The Street in general, suggests a Strong Buy analyst consensus rating for Viking Therapeutics with a $93.70 average price target, a 212.3% upside from current levels. In a report issued on June 9, William Blair also reiterated a Buy rating on the stock.

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