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Analysts’ Opinions Are Mixed on These Healthcare Stocks: Teladoc (TDOC), AbCellera Biologics (ABCL) and Cytokinetics (CYTK)

Tipranks - Fri Feb 27, 9:09AM CST

Analysts have been eager to weigh in on the Healthcare sector with new ratings on Teladoc (TDOCResearch Report), AbCellera Biologics (ABCLResearch Report) and Cytokinetics (CYTKResearch Report).

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Teladoc (TDOC)

Truist Financial analyst Jailendra Singh maintained a Hold rating on Teladoc today. The company’s shares closed last Thursday at $5.31.

According to TipRanks.com, Singh has currently 0 stars on a ranking scale of 0-5 stars, with an average return of -17.3% and a 31.2% success rate. Singh covers the Healthcare sector, focusing on stocks such as Hinge Health, Inc. Class A, Fortrea Holdings Inc., and Medline, Inc. Class A. ;'>

The word on The Street in general, suggests a Hold analyst consensus rating for Teladoc with a $7.35 average price target, which is a 54.4% upside from current levels. In a report issued on February 18, BTIG also maintained a Hold rating on the stock.

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AbCellera Biologics (ABCL)

Truist Financial analyst Srikripa Devarakonda maintained a Buy rating on AbCellera Biologics today. The company’s shares closed last Thursday at $3.25.

According to TipRanks.com, Devarakonda is a 5-star analyst with an average return of 17.9% and a 58.7% success rate. Devarakonda covers the Healthcare sector, focusing on stocks such as Madrigal Pharmaceuticals, Protagonist Therapeutics, and Arvinas Holding Company. ;'>

AbCellera Biologics has an analyst consensus of Strong Buy, with a price target consensus of $7.00, representing an 119.4% upside. In a report issued on February 24, TD Cowen also maintained a Buy rating on the stock.

Cytokinetics (CYTK)

In a report released yesterday, Carter Gould from Cantor Fitzgerald maintained a Buy rating on Cytokinetics. The company’s shares closed last Thursday at $61.34.

According to TipRanks.com, Gould is a 4-star analyst with an average return of 6.6% and a 52.9% success rate. Gould covers the Healthcare sector, focusing on stocks such as Vertex Pharmaceuticals, Gilead Sciences, and Merck & Company. ;'>

Cytokinetics has an analyst consensus of Strong Buy, with a price target consensus of $93.15, implying a 48.8% upside from current levels. In a report issued on February 19, Barclays also maintained a Buy rating on the stock with a $87.00 price target.

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