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Analysts Are Bullish on Top Healthcare Stocks: Outset Medical (OM), CVS Health (CVS)

Tipranks - Tue Apr 7, 5:54PM CDT

There’s a lot to be optimistic about in the Healthcare sector as 2 analysts just weighed in on Outset Medical (OM) and CVS Health (CVS) with bullish sentiments.

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Outset Medical (OM)

In a report released today, Josh Jennings from TD Cowen reiterated a Buy rating on Outset Medical, with a price target of $12.00. The company’s shares closed last Monday at $4.08.

According to TipRanks.com, Jennings is a 3-star analyst with an average return of 1.2% and a 42.6% success rate. Jennings covers the Healthcare sector, focusing on stocks such as Establishment Labs Holdings, Orchestra BioMed Holdings, and Edwards Lifesciences. ;'>

The word on The Street in general, suggests a Strong Buy analyst consensus rating for Outset Medical with a $10.50 average price target.

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CVS Health (CVS)

In a report released today, Charles Rhyee from TD Cowen reiterated a Buy rating on CVS Health, with a price target of $105.00. The company’s shares closed last Monday at $73.28.

According to TipRanks.com, Rhyee is a 3-star analyst with an average return of 1.8% and a 47.8% success rate. Rhyee covers the Healthcare sector, focusing on stocks such as BrightSpring Health Services, Inc., Fortrea Holdings Inc., and Charles River Labs. ;'>

Currently, the analyst consensus on CVS Health is a Strong Buy with an average price target of $96.33, which is a 31.1% upside from current levels. In a report issued on March 30, Bernstein also maintained a Buy rating on the stock with a $94.00 price target.

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