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Wall Street Analysts Are Bullish on Top Healthcare Picks

Tipranks - Tue Apr 14, 5:46AM CDT

There’s a lot to be optimistic about in the Healthcare sector as 3 analysts just weighed in on Belite Bio, Inc. ADR (BLTE), Allogene Therapeutics (ALLO) and Boston Scientific (BSX) with bullish sentiments.

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Belite Bio, Inc. ADR (BLTE)

In a report released today, Yi Chen from H.C. Wainwright reiterated a Buy rating on Belite Bio, Inc. ADR, with a price target of $200.00. The company’s shares closed last Friday at $172.76.

According to TipRanks.com, Chen is a 1-star analyst with an average return of -1.5% and a 38.3% success rate. Chen covers the Healthcare sector, focusing on stocks such as OKYO Pharma Limited Sponsored ADR, Bausch + Lomb Corporation, and Orchestra BioMed Holdings. ;'>

Currently, the analyst consensus on Belite Bio, Inc. ADR is a Strong Buy with an average price target of $215.29.

See the top stocks recommended by analysts >>

Allogene Therapeutics (ALLO)

In a report issued on April 9, Samantha Semenkow from Citi assigned a Buy rating to Allogene Therapeutics, with a price target of $4.00. The company’s shares closed last Friday at $2.72.

According to TipRanks.com, Semenkow is a 2-star analyst with an average return of 0.2% and a 45.0% success rate. Semenkow covers the Healthcare sector, focusing on stocks such as Structure Therapeutics, Inc. Sponsored ADR, MoonLake Immunotherapeutics, and Rhythm Pharmaceuticals. ;'>

Currently, the analyst consensus on Allogene Therapeutics is a Strong Buy with an average price target of $8.67, which is a 193.9% upside from current levels. In a report issued on March 31, TD Cowen also reiterated a Buy rating on the stock.

Boston Scientific (BSX)

Bank of America Securities analyst Travis Steed maintained a Buy rating on Boston Scientific today and set a price target of $105.00. The company’s shares closed last Friday at $61.79.

According to TipRanks.com, Steed is a 3-star analyst with an average return of 2.4% and a 48.9% success rate. Steed covers the Healthcare sector, focusing on stocks such as Kestra Medical Technologies Ltd., Bausch + Lomb Corporation, and Zimmer Biomet Holdings. ;'>

Currently, the analyst consensus on Boston Scientific is a Strong Buy with an average price target of $102.14, which is a 66.0% upside from current levels. In a report issued on March 30, Stifel Nicolaus also maintained a Buy rating on the stock with a $90.00 price target.

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