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Analysts Offer Insights on Healthcare Companies: Teladoc (TDOC), Align Tech (ALGN) and Bausch + Lomb Corporation (BLCO)

Tipranks - Fri May 1, 4:12AM CDT

Analysts have been eager to weigh in on the Healthcare sector with new ratings on Teladoc (TDOC), Align Tech (ALGN) and Bausch + Lomb Corporation (BLCO).

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Teladoc (TDOC)

In a report released today, Peter Warendorf from Barclays maintained a Hold rating on Teladoc, with a price target of $7.00. The company’s shares closed last Wednesday at $5.95.

According to TipRanks.com, Warendorf is a 1-star analyst with an average return of -5.7% and a 58.8% success rate. Warendorf covers the Healthcare sector, focusing on stocks such as Lifestance Health Group, Healthequity, and Talkspace. ;'>

The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Teladoc with a $7.25 average price target, a 21.0% upside from current levels. In a report released yesterday, William Blair also maintained a Hold rating on the stock.

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Align Tech (ALGN)

Barclays analyst Glen Santangelo maintained a Buy rating on Align Tech today and set a price target of $200.00. The company’s shares closed last Wednesday at $178.40, close to its 52-week low of $157.57.

According to TipRanks.com, Santangelo is a 4-star analyst with an average return of 3.9% and a 51.6% success rate. Santangelo covers the Healthcare sector, focusing on stocks such as Definitive Healthcare Corp, Amphastar Pharmaceuticals, and Bausch Health Companies. ;'>

The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Align Tech with a $202.00 average price target, implying a 13.9% upside from current levels. In a report issued on April 16, Citi also initiated coverage with a Buy rating on the stock with a $240.00 price target.

Bausch + Lomb Corporation (BLCO)

Barclays analyst Matt Miksic maintained a Hold rating on Bausch + Lomb Corporation today and set a price target of $20.00. The company’s shares closed last Wednesday at $15.34.

According to TipRanks.com, Miksic is a 3-star analyst with an average return of 1.7% and a 48.9% success rate. Miksic covers the Healthcare sector, focusing on stocks such as Anteris Technologies Global Corp., GE Healthcare Technologies Inc, and Orchestra BioMed Holdings. ;'>

The word on The Street in general, suggests a Hold analyst consensus rating for Bausch + Lomb Corporation with a $18.73 average price target, implying a 16.6% upside from current levels. In a report released yesterday, Needham also maintained a Hold rating on the stock.

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