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Analysts Offer Insights on Healthcare Companies: Eli Lilly & Co (LLY) and Bausch Health Companies (BHC)

Tipranks - Thu Feb 26, 4:20AM CST

Companies in the Healthcare sector have received a lot of coverage today as analysts weigh in on Eli Lilly & Co (LLYResearch Report) and Bausch Health Companies (BHCResearch Report).

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Eli Lilly & Co (LLY)

Bank of America Securities analyst Jason Gerberry maintained a Buy rating on Eli Lilly & Co yesterday and set a price target of $1293.00. The company’s shares closed last Tuesday at $1042.15.

According to TipRanks.com, Gerberry is a 5-star analyst with an average return of 17.3% and a 63.6% success rate. Gerberry covers the Healthcare sector, focusing on stocks such as Harmony Biosciences Holdings, Amylyx Pharmaceuticals Inc, and Arrowhead Pharmaceuticals. ;'>

Currently, the analyst consensus on Eli Lilly & Co is a Strong Buy with an average price target of $1261.00, implying a 20.9% upside from current levels. In a report issued on February 19, Barclays also initiated coverage with a Buy rating on the stock with a $1350.00 price target.

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Bausch Health Companies (BHC)

In a report released today, Glen Santangelo from Barclays maintained a Hold rating on Bausch Health Companies, with a price target of $7.00. The company’s shares closed last Tuesday at $6.02.

According to TipRanks.com, Santangelo is a 4-star analyst with an average return of 5.2% and a 51.7% success rate. Santangelo covers the Healthcare sector, focusing on stocks such as Definitive Healthcare Corp, Amphastar Pharmaceuticals, and Amneal Pharmaceuticals. ;'>

Currently, the analyst consensus on Bausch Health Companies is a Hold with an average price target of $7.25, which is a 20.8% upside from current levels. In a report issued on February 19, Truist Financial also maintained a Hold rating on the stock.

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