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Analysts’ Top Healthcare Picks: LENZ Therapeutics (LENZ), CVS Health (CVS)

Tipranks - Wed Mar 25, 2:32PM CDT

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

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LENZ Therapeutics (LENZ)

In a report released today, Lachlan Hanbury Brown from William Blair maintained a Buy rating on LENZ Therapeutics. The company’s shares closed last Tuesday at $9.36.

According to TipRanks.com, Brown is a 3-star analyst with an average return of 2.7% and a 27.5% success rate. Brown covers the Healthcare sector, focusing on stocks such as Apellis Pharmaceuticals, Tarsus Pharmaceuticals, and Viridian Therapeutics. ;'>

The word on The Street in general, suggests a Strong Buy analyst consensus rating for LENZ Therapeutics with a $49.67 average price target.

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CVS Health (CVS)

Leerink Partners analyst Michael Cherny reiterated a Buy rating on CVS Health today and set a price target of $98.00. The company’s shares closed last Tuesday at $73.08.

According to TipRanks.com, Cherny is a 4-star analyst with an average return of 3.9% and a 54.7% success rate. Cherny covers the Healthcare sector, focusing on stocks such as Hims & Hers Health, Envista Holdings, and Cardinal Health. ;'>

Currently, the analyst consensus on CVS Health is a Strong Buy with an average price target of $96.14, a 35.4% upside from current levels. In a report issued on March 12, Bernstein also upgraded the stock to Buy with a $94.00 price target.

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