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Analysts’ Top Healthcare Picks: Orchestra BioMed Holdings (OBIO), Cardinal Health (CAH)

Tipranks - Thu Mar 19, 2:46AM CDT

There’s a lot to be optimistic about in the Healthcare sector as 3 analysts just weighed in on Orchestra BioMed Holdings (OBIOResearch Report), Cardinal Health (CAHResearch Report) and Healthequity (HQYResearch Report) with bullish sentiments.

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Orchestra BioMed Holdings (OBIO)

In a report released today, Matt Miksic from Barclays maintained a Buy rating on Orchestra BioMed Holdings, with a price target of $12.00. The company’s shares closed last Tuesday at $4.61.

According to TipRanks.com, Miksic is a 4-star analyst with an average return of 2.7% and a 51.5% success rate. Miksic covers the Healthcare sector, focusing on stocks such as Anteris Technologies Global Corp., GE Healthcare Technologies Inc, and Bausch + Lomb Corporation. ;'>

The word on The Street in general, suggests a Strong Buy analyst consensus rating for Orchestra BioMed Holdings with a $13.40 average price target, representing a 188.8% upside. In a report issued on March 12, Chardan Capital also maintained a Buy rating on the stock with a $20.00 price target.

See the top stocks recommended by analysts >>

Cardinal Health (CAH)

In a report released yesterday, Glen Santangelo from Barclays reiterated a Buy rating on Cardinal Health. The company’s shares closed last Tuesday at $216.36.

According to TipRanks.com, Santangelo is a 4-star analyst with an average return of 4.7% and a 50.2% success rate. Santangelo covers the Healthcare sector, focusing on stocks such as Bausch Health Companies, Amneal Pharmaceuticals, and Elanco Animal Health. ;'>

Cardinal Health has an analyst consensus of Strong Buy, with a price target consensus of $250.50.

Healthequity (HQY)

Barclays analyst Peter Warendorf maintained a Buy rating on Healthequity today and set a price target of $110.00. The company’s shares closed last Tuesday at $79.40.

According to TipRanks.com, Warendorf is a 1-star analyst with an average return of -13.2% and a 28.6% success rate. Warendorf covers the Healthcare sector, focusing on stocks such as Lifestance Health Group, Talkspace, and Progyny. ;'>

Currently, the analyst consensus on Healthequity is a Moderate Buy with an average price target of $110.60, representing a 38.9% upside. In a report issued on March 5, KeyBanc also maintained a Buy rating on the stock with a $125.00 price target.

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