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Analysts Offer Insights on Healthcare Companies: Qiagen (QGEN) and Cardinal Health (CAH)

Tipranks - Fri Feb 6, 8:02AM CST

Analysts have been eager to weigh in on the Healthcare sector with new ratings on Qiagen (QGENResearch Report) and Cardinal Health (CAHResearch Report).

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Qiagen (QGEN)

William Blair analyst Andrew Brackmann maintained a Hold rating on Qiagen today. The company’s shares closed last Wednesday at $51.71.

According to TipRanks.com, Brackmann is a 5-star analyst with an average return of 33.5% and a 60.3% success rate. Brackmann covers the Healthcare sector, focusing on stocks such as BillionToOne, Inc. Class A, Adaptive Biotechnologies, and Tempus AI, Inc. Class A. ;'>

Currently, the analyst consensus on Qiagen is a Moderate Buy with an average price target of $53.04, representing a 1.6% upside. In a report issued on January 21, Nephron also downgraded the stock to Hold with a $59.00 price target.

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Cardinal Health (CAH)

In a report released today, Charles Rhyee from TD Cowen maintained a Buy rating on Cardinal Health, with a price target of $233.00. The company’s shares closed last Wednesday at $206.85.

According to TipRanks.com, Rhyee is a 4-star analyst with an average return of 3.8% and a 50.2% success rate. Rhyee covers the Healthcare sector, focusing on stocks such as BrightSpring Health Services, Inc., Fortrea Holdings Inc., and Medline, Inc. Class A. ;'>

Currently, the analyst consensus on Cardinal Health is a Strong Buy with an average price target of $242.00, which is a 12.3% upside from current levels. In a report issued on January 22, Jefferies also maintained a Buy rating on the stock with a $270.00 price target.

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