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Wall Street Analysts Are Bullish on Top Healthcare Picks

Tipranks - Wed Feb 25, 7:00AM CST

There’s a lot to be optimistic about in the Healthcare sector as 2 analysts just weighed in on Eli Lilly & Co (LLYResearch Report) and Cigna (CIResearch Report) with bullish sentiments.

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Eli Lilly & Co (LLY)

BMO Capital analyst Evan Seigerman maintained a Buy rating on Eli Lilly & Co yesterday. The company’s shares closed last Monday at $1058.56.

According to TipRanks.com, Seigerman is a 5-star analyst with an average return of 10.0% and a 55.4% success rate. Seigerman covers the Healthcare sector, focusing on stocks such as Structure Therapeutics, Inc. Sponsored ADR, Vertex Pharmaceuticals, and Terns Pharmaceuticals. ;'>

The word on The Street in general, suggests a Strong Buy analyst consensus rating for Eli Lilly & Co with a $1261.65 average price target, implying a 20.5% upside from current levels. In a report issued on February 19, Barclays also initiated coverage with a Buy rating on the stock with a $1350.00 price target.

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Cigna (CI)

Deutsche Bank analyst George Hill maintained a Buy rating on Cigna on February 20. The company’s shares closed last Monday at $283.18.

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. ;'>

The word on The Street in general, suggests a Strong Buy analyst consensus rating for Cigna with a $334.30 average price target, a 19.8% upside from current levels. In a report issued on February 5, Barclays also maintained a Buy rating on the stock with a $303.00 price target.

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