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Analysts’ Opinions Are Mixed on These Healthcare Stocks: Cytokinetics (CYTK) and Tandem Diabetes Care (TNDM)

Tipranks - Tue Feb 24, 7:00AM CST

Analysts have been eager to weigh in on the Healthcare sector with new ratings on Cytokinetics (CYTKResearch Report) and Tandem Diabetes Care (TNDMResearch Report).

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Cytokinetics (CYTK)

H.C. Wainwright analyst Joseph Pantginis reiterated a Buy rating on Cytokinetics today and set a price target of $136.00. The company’s shares closed last Friday at $67.94.

According to TipRanks.com, Pantginis is a 4-star analyst with an average return of 10.1% and a 43.5% success rate. Pantginis covers the Healthcare sector, focusing on stocks such as Adlai Nortye Ltd. Sponsored ADR, NewAmsterdam Pharma Company, and XOMA Royalty Corporation. ;'>

Cytokinetics has an analyst consensus of Strong Buy, with a price target consensus of $92.14, which is a 36.1% upside from current levels. In a report issued on February 8, J.P. Morgan also maintained a Buy rating on the stock.

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Tandem Diabetes Care (TNDM)

Truist Financial analyst Richard Newitter reiterated a Hold rating on Tandem Diabetes Care today and set a price target of $27.00. The company’s shares closed last Friday at $24.57.

According to TipRanks.com, Newitter is a 5-star analyst with an average return of 10.0% and a 49.6% success rate. Newitter covers the Healthcare sector, focusing on stocks such as Inspire Medical Systems, Treace Medical Concepts, and Zimmer Biomet Holdings. ;'>

Tandem Diabetes Care has an analyst consensus of Moderate Buy, with a price target consensus of $29.00, which is a 27.5% upside from current levels. In a report issued on February 20, Bank of America Securities also upgraded the stock to Hold with a $30.00 price target.

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