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Wall Street Analysts Are Neutral on Top Healthcare Picks

Tipranks - Wed Feb 25, 6:44AM CST

Analysts fell to the sidelines weighing in on Cardinal Health (CAHResearch Report) and MacroGenics (MGNXResearch Report) with neutral ratings, indicating that the experts are neither bullish nor bearish on the stocks.

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Cardinal Health (CAH)

Deutsche Bank analyst George Hill maintained a Hold rating on Cardinal Health on February 20. The company’s shares closed last Monday at $224.82.

According to TipRanks.com, Hill is a 4-star analyst with an average return of 8.6% and a 53.0% success rate. Hill covers the Healthcare sector, focusing on stocks such as Hims & Hers Health, Molina Healthcare, and Elevance Health. ;'>

Currently, the analyst consensus on Cardinal Health is a Strong Buy with an average price target of $249.92, representing an 11.4% upside. In a report issued on February 5, TipRanks – Google also downgraded the stock to Hold with a $223.00 price target.

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MacroGenics (MGNX)

In a report released today, Stephen Willey from Stifel Nicolaus reiterated a Hold rating on MacroGenics, with a price target of $4.00. The company’s shares closed last Monday at $1.75, close to its 52-week low of $1.26.

According to TipRanks.com, Willey is a 4-star analyst with an average return of 6.8% and a 42.4% success rate. Willey covers the Healthcare sector, focusing on stocks such as Bicara Therapeutics Inc., Janux Therapeutics Inc, and Abeona Therapeutics. ;'>

Currently, the analyst consensus on MacroGenics is a Hold with an average price target of $4.00.

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