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Wall Street Analysts Are Bullish on Top Healthcare Picks

Tipranks - Tue May 12, 9:00AM CDT

There’s a lot to be optimistic about in the Healthcare sector as 3 analysts just weighed in on Lipocine (LPCN), Amylyx Pharmaceuticals Inc (AMLX) and Danaher (DHR) with bullish sentiments.

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Lipocine (LPCN)

Alliance Global Partners analyst Scott Henry maintained a Buy rating on Lipocine today and set a price target of $6.00. The company’s shares closed last Monday at $2.33.

According to TipRanks.com, Henry is ranked 0 out of 5 stars with an average return of -2.8% and a 38.1% success rate. Henry covers the Healthcare sector, focusing on stocks such as Palatin Technologies, Tenon Medical, Inc., and Vivos Therapeutics. ;'>

Lipocine has an analyst consensus of Moderate Buy, with a price target consensus of $6.00.

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Amylyx Pharmaceuticals Inc (AMLX)

Mizuho Securities analyst Graig Suvannavejh reiterated a Buy rating on Amylyx Pharmaceuticals Inc today and set a price target of $21.00. The company’s shares closed last Monday at $14.82.

According to TipRanks.com, Suvannavejh is a 5-star analyst with an average return of 17.7% and a 46.3% success rate. Suvannavejh covers the Healthcare sector, focusing on stocks such as Harmony Biosciences Holdings, Neumora Therapeutics, Inc., and EyePoint Pharmaceuticals. ;'>

Amylyx Pharmaceuticals Inc has an analyst consensus of Strong Buy, with a price target consensus of $24.57, implying a 65.6% upside from current levels. In a report issued on May 5, TD Cowen also maintained a Buy rating on the stock.

Danaher (DHR)

In a report released today, Casey Woodring from J.P. Morgan reiterated a Buy rating on Danaher, with a price target of $245.00. The company’s shares closed last Monday at $169.64.

According to TipRanks.com, Woodring is a 1-star analyst with an average return of -3.2% and a 34.7% success rate. Woodring covers the Healthcare sector, focusing on stocks such as BillionToOne, Inc. Class A, Caris Life Sciences, Inc., and Tempus AI, Inc. Class A. ;'>

The word on The Street in general, suggests a Strong Buy analyst consensus rating for Danaher with a $233.74 average price target, which is a 33.6% upside from current levels. In a report issued on April 30, TipRanks – PerPlexity also reiterated a Buy rating on the stock with a $206.00 price target.

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