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Analysts’ Opinions Are Mixed on These Healthcare Stocks: Cochlear (OtherCHEOF), CervoMed (CRVO) and Community Health (CYH)

Tipranks - Sat Apr 25, 4:10AM CDT

Analysts have been eager to weigh in on the Healthcare sector with new ratings on Cochlear (CHEOF), CervoMed (CRVO) and Community Health (CYH).

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Cochlear (CHEOF)

Morgan Stanley analyst David Bailey upgraded Cochlear to Hold yesterday and set a price target of A$119.00. The company’s shares closed last Thursday at $67.83.

According to TipRanks.com, Bailey is a 4-star analyst with an average return of 9.9% and a 43.3% success rate. Bailey covers the Healthcare sector, focusing on stocks such as Fisher & Paykel Healthcare Corporation Limited, Telix Pharmaceuticals, and Ramsay Health Care. ;'>

Currently, the analyst consensus on Cochlear is a Moderate Buy with an average price target of $122.88, representing a 74.0% upside. In a report released yesterday, Morgans also maintained a Hold rating on the stock with a A$107.17 price target.

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CervoMed (CRVO)

In a report released yesterday, Sumant Kulkarni from Canaccord Genuity reiterated a Buy rating on CervoMed, with a price target of $27.00. The company’s shares closed last Thursday at $3.85, close to its 52-week low of $1.80.

According to TipRanks.com, Kulkarni is a 4-star analyst with an average return of 7.1% and a 44.6% success rate. Kulkarni covers the Healthcare sector, focusing on stocks such as MapLight Therapeutics, Inc., ACADIA Pharmaceuticals, and Definium Therapeutics. ;'>

Currently, the analyst consensus on CervoMed is a Strong Buy with an average price target of $20.80, representing a 425.3% upside. In a report released yesterday, Roth MKM also maintained a Buy rating on the stock with a $11.00 price target.

Community Health (CYH)

Oppenheimer analyst Michael Wiederhorn maintained a Buy rating on Community Health yesterday and set a price target of $4.00. The company’s shares closed last Thursday at $2.49.

According to TipRanks.com, Wiederhorn is a 5-star analyst with an average return of 9.1% and a 57.1% success rate. Wiederhorn covers the Healthcare sector, focusing on stocks such as Guardian Pharmacy Services, Inc. Class A, The Ensign Group, and HCA Healthcare. ;'>

The word on The Street in general, suggests a Hold analyst consensus rating for Community Health with a $3.54 average price target.

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