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Analysts Are Bullish on Top Healthcare Stocks: Alkermes (ALKS), Baxter International (BAX)

Tipranks - Mon May 4, 8:28PM CDT

There’s a lot to be optimistic about in the Healthcare sector as 2 analysts just weighed in on Alkermes (ALKS) and Baxter International (BAX) with bullish sentiments.

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Alkermes (ALKS)

In a report released yesterday, Uy Ear from Mizuho Securities reiterated a Buy rating on Alkermes, with a price target of $53.00. The company’s shares closed last Friday at $33.38.

According to TipRanks.com, Ear is a 2-star analyst with an average return of 0.2% and a 39.4% success rate. Ear covers the Healthcare sector, focusing on stocks such as Arcutis Biotherapeutics, ACADIA Pharmaceuticals, and Cartesian Therapeutics. ;'>

The word on The Street in general, suggests a Strong Buy analyst consensus rating for Alkermes with a $45.36 average price target, representing a 35.7% upside. In a report issued on April 19, TipRanks – PerPlexity also reiterated a Buy rating on the stock with a $39.00 price target.

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Baxter International (BAX)

Barclays analyst Matt Miksic maintained a Buy rating on Baxter International on May 1 and set a price target of $27.00. The company’s shares closed last Friday at $17.21.

According to TipRanks.com, Miksic is a 3-star analyst with an average return of 1.8% and a 49.4% success rate. Miksic covers the Healthcare sector, focusing on stocks such as Anteris Technologies Global Corp., GE Healthcare Technologies Inc, and Bausch + Lomb Corporation. ;'>

Baxter International has an analyst consensus of Hold, with a price target consensus of $20.00.

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