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Wall Street Analysts Are Bullish on Top Healthcare Picks

Tipranks - Sat Jun 6, 11:56AM CDT

There’s a lot to be optimistic about in the Healthcare sector as 3 analysts just weighed in on Eli Lilly & Co (LLY), Cytokinetics (CYTK) and Doximity (DOCS) with bullish sentiments.

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Eli Lilly & Co (LLY)

Citi analyst Geoff Meacham maintained a Buy rating on Eli Lilly & Co today and set a price target of $1500.00. The company’s shares closed last Friday at $1150.30.

According to TipRanks.com, Meacham is a 5-star analyst with an average return of 9.7% and a 55.5% success rate. Meacham covers the Healthcare sector, focusing on stocks such as Amylyx Pharmaceuticals Inc, Protagonist Therapeutics, and Kiniksa Pharmaceuticals. ;'>

Eli Lilly & Co has an analyst consensus of Strong Buy, with a price target consensus of $1267.57, implying a 10.9% upside from current levels. In a report issued on May 21, BMO Capital also maintained a Buy rating on the stock with a $1300.00 price target.

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Cytokinetics (CYTK)

In a report released today, Tessa Romero from J.P. Morgan maintained a Buy rating on Cytokinetics, with a price target of $97.00. The company’s shares closed last Friday at $71.94, close to its 52-week high of $75.71.

According to TipRanks.com, Romero is a 4-star analyst with an average return of 15.9% and a 50.0% success rate. Romero covers the Healthcare sector, focusing on stocks such as Neumora Therapeutics, Inc., EyePoint Pharmaceuticals, and Rocket Pharmaceuticals. ;'>

Cytokinetics has an analyst consensus of Strong Buy, with a price target consensus of $100.35, implying a 37.8% upside from current levels. In a report issued on May 28, TipRanks – Google also upgraded the stock to Buy with a $86.00 price target.

Doximity (DOCS)

Bank of America Securities analyst Allen Lutz maintained a Buy rating on Doximity today and set a price target of $38.00. The company’s shares closed last Friday at $20.57.

According to TipRanks.com, Lutz is a 5-star analyst with an average return of 10.7% and a 64.0% success rate. Lutz covers the Healthcare sector, focusing on stocks such as Guardian Pharmacy Services, Inc. Class A, Definitive Healthcare Corp, and Hims & Hers Health. ;'>

The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Doximity with a $26.28 average price target, a 25.1% upside from current levels. In a report issued on May 30, TipRanks – OpenAI also upgraded the stock to Buy with a $24.00 price target.

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