Analysts Offer Insights on Healthcare Companies: Insmed (INSM), Biogen (BIIB) and Vertex Pharmaceuticals (VRTX)
Companies in the Healthcare sector have received a lot of coverage today as analysts weigh in on Insmed (INSM), Biogen (BIIB) and Vertex Pharmaceuticals (VRTX).
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Insmed (INSM)
Wells Fargo analyst Benjamin Burnett maintained a Buy rating on Insmed today and set a price target of $177.00. The company’s shares closed last Tuesday at $163.52.
According to TipRanks.com, Burnett is currently ranked with 0 stars on a 0-5 stars ranking scale, with an average return of
Currently, the analyst consensus on Insmed is a Strong Buy with an average price target of $211.61, which is a 37.5% upside from current levels. In a report issued on March 24, TipRanks – Google also upgraded the stock to Buy with a $159.00 price target.
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Biogen (BIIB)
In a report released yesterday, Thomas Shrader from BTIG maintained a Hold rating on Biogen. The company’s shares closed last Tuesday at $183.33.
According to TipRanks.com, Shrader is a 4-star analyst with an average return of
Currently, the analyst consensus on Biogen is a Moderate Buy with an average price target of $206.70, a 15.2% upside from current levels. In a report issued on March 29, UBS also maintained a Hold rating on the stock with a $185.00 price target.
Vertex Pharmaceuticals (VRTX)
Wells Fargo analyst Mohit Bansal maintained a Buy rating on Vertex Pharmaceuticals today and set a price target of $550.00. The company’s shares closed last Tuesday at $446.54.
According to TipRanks.com, Bansal is a 5-star analyst with an average return of
Vertex Pharmaceuticals has an analyst consensus of Strong Buy, with a price target consensus of $556.74, representing a 25.6% upside. In a report issued on March 18, Maxim Group also upgraded the stock to Buy with a $575.00 price target.
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