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Analysts Are Bullish on These Healthcare Stocks: Abbott Laboratories (ABT), BioCryst (BCRX)

Tipranks - Thu Jan 22, 9:04PM CST

There’s a lot to be optimistic about in the Healthcare sector as 2 analysts just weighed in on Abbott Laboratories (ABTResearch Report) and BioCryst (BCRXResearch Report) with bullish sentiments.

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Abbott Laboratories (ABT)

In a report issued on January 20, Shagun Singh Chadha from RBC Capital maintained a Buy rating on Abbott Laboratories, with a price target of $147.00. The company’s shares closed last Wednesday at $120.73.

According to TipRanks.com, Chadha is a 3-star analyst with an average return of 2.5% and a 51.2% success rate. Chadha covers the Healthcare sector, focusing on stocks such as Inspire Medical Systems, Zimmer Biomet Holdings, and Edwards Lifesciences. ;'>

The word on The Street in general, suggests a Strong Buy analyst consensus rating for Abbott Laboratories with a $150.07 average price target, representing a 23.3% upside. In a report issued on January 5, Evercore ISI also maintained a Buy rating on the stock with a $144.00 price target.

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BioCryst (BCRX)

RBC Capital analyst Brian Abrahams maintained a Buy rating on BioCryst on January 20 and set a price target of $14.00. The company’s shares closed last Wednesday at $6.72.

According to TipRanks.com, Abrahams is a 4-star analyst with an average return of 6.0% and a 48.7% success rate. Abrahams covers the Healthcare sector, focusing on stocks such as Contineum Therapeutics, Inc. Class A, MoonLake Immunotherapeutics, and Aardvark Therapeutics, Inc. ;'>

BioCryst has an analyst consensus of Strong Buy, with a price target consensus of $19.80, implying a 197.3% upside from current levels. In a report issued on January 15, TipRanks – Google also upgraded the stock to Buy with a $7.50 price target.

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