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Analysts Offer Insights on Healthcare Companies: Centene (CNC) and Biogen (BIIB)

Tipranks - Mon Feb 9, 11:14AM CST

Companies in the Healthcare sector have received a lot of coverage today as analysts weigh in on Centene (CNCResearch Report) and Biogen (BIIBResearch Report).

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Centene (CNC)

Bank of America Securities analyst Kevin Fischbeck reiterated a Sell rating on Centene on February 6 and set a price target of $32.00. The company’s shares closed last Friday at $38.46.

According to TipRanks.com, Fischbeck is a 4-star analyst with an average return of 3.5% and a 59.4% success rate. Fischbeck covers the Healthcare sector, focusing on stocks such as Ardent Health Partners, Inc., Molina Healthcare, and Tenet Healthcare. ;'>

The word on The Street in general, suggests a Hold analyst consensus rating for Centene with a $43.75 average price target.

See today’s best-performing stocks on TipRanks >>

Biogen (BIIB)

Citi analyst Geoff Meacham maintained a Hold rating on Biogen on February 6 and set a price target of $215.00. The company’s shares closed last Friday at $201.18.

According to TipRanks.com, Meacham is a 5-star analyst with an average return of 8.6% and a 58.5% success rate. Meacham covers the Healthcare sector, focusing on stocks such as NewAmsterdam Pharma Company, Amylyx Pharmaceuticals Inc, and Protagonist Therapeutics. ;'>

The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Biogen with a $194.85 average price target, implying a 4.2% upside from current levels. In a report released yesterday, TipRanks – OpenAI also downgraded the stock to Hold with a $215.00 price target.

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