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Analysts’ Opinions Are Mixed on These Healthcare Stocks: Bristol-Myers Squibb (BMY), Corcept Therapeutics (CORT) and Taysha Gene Therapies (TSHA)

Tipranks - Tue Jun 2, 6:52AM CDT

Companies in the Healthcare sector have received a lot of coverage today as analysts weigh in on Bristol-Myers Squibb (BMY), Corcept Therapeutics (CORT) and Taysha Gene Therapies (TSHA).

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Bristol-Myers Squibb (BMY)

Citi analyst Geoff Meacham maintained a Hold rating on Bristol-Myers Squibb yesterday and set a price target of $66.00. The company’s shares closed last Friday at $57.18.

According to TipRanks.com, Meacham is a 5-star analyst with an average return of 9.9% and a 56.9% success rate. Meacham covers the Healthcare sector, focusing on stocks such as Amylyx Pharmaceuticals Inc, Protagonist Therapeutics, and Kiniksa Pharmaceuticals. ;'>

Currently, the analyst consensus on Bristol-Myers Squibb is a Moderate Buy with an average price target of $62.67, which is a 9.9% upside from current levels. In a report issued on May 19, Scotiabank also maintained a Hold rating on the stock with a $60.00 price target.

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Corcept Therapeutics (CORT)

In a report released today, Swayampakula Ramakanth from H.C. Wainwright reiterated a Buy rating on Corcept Therapeutics, with a price target of $95.00. The company’s shares closed last Friday at $69.49, close to its 52-week high of $75.00.

According to TipRanks.com, Ramakanth is a 5-star analyst with an average return of 16.3% and a 44.9% success rate. Ramakanth covers the Healthcare sector, focusing on stocks such as Actuate Therapeutics, Inc., Janux Therapeutics Inc, and Unicycive Therapeutics. ;'>

The word on The Street in general, suggests a Strong Buy analyst consensus rating for Corcept Therapeutics with a $97.50 average price target, implying a 42.2% upside from current levels. In a report issued on May 29, TipRanks – xAI also upgraded the stock to Buy with a $75.00 price target.

Taysha Gene Therapies (TSHA)

In a report released today, Evan Seigerman from BMO Capital reiterated a Buy rating on Taysha Gene Therapies, with a price target of $10.00. The company’s shares closed last Friday at $5.87.

According to TipRanks.com, Seigerman is a 4-star analyst with an average return of 7.5% and a 53.2% success rate. Seigerman covers the Healthcare sector, focusing on stocks such as Structure Therapeutics, Inc. Sponsored ADR, Vertex Pharmaceuticals, and ACADIA Pharmaceuticals. ;'>

The word on The Street in general, suggests a Strong Buy analyst consensus rating for Taysha Gene Therapies with a $12.67 average price target, representing an 113.7% upside. In a report issued on May 18, TipRanks – xAI also upgraded the stock to Buy with a $6.50 price target.

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