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Analysts Offer Insights on Healthcare Companies: Merck & Company (MRK), Chemed (CHE) and PROCEPT BioRobotics (PRCT)

Tipranks - Mon Mar 23, 7:50AM CDT

There’s a lot to be optimistic about in the Healthcare sector as 3 analysts just weighed in on Merck & Company (MRK), Chemed (CHE) and PROCEPT BioRobotics (PRCT) with bullish sentiments.

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Merck & Company (MRK)

In a report issued on March 20, Mohit Bansal from Wells Fargo maintained a Buy rating on Merck & Company, with a price target of $150.00. The company’s shares closed last Friday at $114.18.

According to TipRanks.com, Bansal is a 5-star analyst with an average return of 9.2% and a 55.6% success rate. Bansal covers the Healthcare sector, focusing on stocks such as Mineralys Therapeutics, Inc., BioMarin Pharmaceutical, and Travere Therapeutics. ;'>

Merck & Company has an analyst consensus of Moderate Buy, with a price target consensus of $131.41, a 15.0% upside from current levels. In a report issued on March 5, J.P. Morgan also maintained a Buy rating on the stock with a $125.00 price target.

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Chemed (CHE)

Oppenheimer analyst Michael Wiederhorn maintained a Buy rating on Chemed on March 20. The company’s shares closed last Friday at $377.99.

According to TipRanks.com, Wiederhorn is a 5-star analyst with an average return of 9.2% and a 57.7% success rate. Wiederhorn covers the Healthcare sector, focusing on stocks such as Guardian Pharmacy Services, Inc. Class A, The Ensign Group, and Community Health. ;'>

The word on The Street in general, suggests a Hold analyst consensus rating for Chemed with a $424.00 average price target.

PROCEPT BioRobotics (PRCT)

In a report issued on March 20, Nathan Treybeck from Wells Fargo maintained a Buy rating on PROCEPT BioRobotics, with a price target of $34.00. The company’s shares closed last Friday at $25.79.

Treybeck has an average return of 12.3% when recommending PROCEPT BioRobotics. ;'>

According to TipRanks.com, Treybeck is ranked #9044 out of 12128 analysts.

The word on The Street in general, suggests a Moderate Buy analyst consensus rating for PROCEPT BioRobotics with a $35.22 average price target, implying a 35.7% upside from current levels. In a report issued on March 13, TD Cowen also maintained a Buy rating on the stock with a $34.00 price target.

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