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Analysts Offer Insights on Healthcare Companies: Dexcom (DXCM), Solventum Corporation (SOLV) and Shattuck Labs (STTK)

Tipranks - Tue Apr 14, 6:50AM CDT

There’s a lot to be optimistic about in the Healthcare sector as 3 analysts just weighed in on Dexcom (DXCM), Solventum Corporation (SOLV) and Shattuck Labs (STTK) with bullish sentiments.

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Dexcom (DXCM)

In a report released today, Marie Thibault from BTIG maintained a Buy rating on Dexcom, with a price target of $80.00. The company’s shares closed last Friday at $64.02, close to its 52-week low of $62.34.

According to TipRanks.com, Thibault is ranked 0 out of 5 stars with an average return of -14.5% and a 31.6% success rate. Thibault covers the Healthcare sector, focusing on stocks such as Kestra Medical Technologies Ltd., Orchestra BioMed Holdings, and Edwards Lifesciences. ;'>

The word on The Street in general, suggests a Strong Buy analyst consensus rating for Dexcom with a $86.50 average price target, which is a 31.3% upside from current levels. In a report issued on April 2, TD Cowen also maintained a Buy rating on the stock with a $84.00 price target.

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Solventum Corporation (SOLV)

In a report released today, Ryan Zimmerman from BTIG maintained a Buy rating on Solventum Corporation, with a price target of $89.00. The company’s shares closed last Friday at $65.79.

According to TipRanks.com, Zimmerman is a 1-star analyst with an average return of -0.4% and a 40.0% success rate. Zimmerman covers the Healthcare sector, focusing on stocks such as GE Healthcare Technologies Inc, Shoulder Innovations, Inc., and Tactile Systems Technology. ;'>

The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Solventum Corporation with a $90.40 average price target, which is a 36.4% upside from current levels. In a report issued on April 6, J.P. Morgan also initiated coverage with a Buy rating on the stock.

Shattuck Labs (STTK)

In a report released today, Yasmeen Rahimi from Piper Sandler maintained a Buy rating on Shattuck Labs, with a price target of $15.00. The company’s shares closed last Friday at $6.92.

According to TipRanks.com, Rahimi is a 5-star analyst with an average return of 27.4% and a 45.2% success rate. Rahimi covers the Healthcare sector, focusing on stocks such as Structure Therapeutics, Inc. Sponsored ADR, Praxis Precision Medicines, and Crinetics Pharmaceuticals. ;'>

Shattuck Labs has an analyst consensus of Strong Buy, with a price target consensus of $10.00.

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