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Analysts Are Bullish on Top Healthcare Stocks: PolyPid (PYPD), Dexcom (DXCM)

Tipranks - Sat Feb 14, 8:34AM CST

There’s a lot to be optimistic about in the Healthcare sector as 3 analysts just weighed in on PolyPid (PYPDResearch Report), Dexcom (DXCMResearch Report) and BridgeBio Pharma (BBIOResearch Report) with bullish sentiments.

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PolyPid (PYPD)

Roth MKM analyst Boobalan Pachaiyappan reiterated a Buy rating on PolyPid today and set a price target of $9.00. The company’s shares closed last Thursday at $4.59.

According to TipRanks.com, Pachaiyappan is a 4-star analyst with an average return of 7.1% and a 42.7% success rate. Pachaiyappan covers the Healthcare sector, focusing on stocks such as Reviva Pharmaceuticals Holdings, LB Pharmaceuticals, Inc., and Capricor Therapeutics. ;'>

PolyPid has an analyst consensus of Strong Buy, with a price target consensus of $11.67, a 153.7% upside from current levels. In a report issued on February 9, Craig-Hallum also maintained a Buy rating on the stock.

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Dexcom (DXCM)

Citi analyst Joanne Wuensch maintained a Buy rating on Dexcom today. The company’s shares closed last Friday at $66.33, close to its 52-week low of $62.34.

According to TipRanks.com, Wuensch is a 4-star analyst with an average return of 4.2% and a 57.0% success rate. Wuensch covers the Healthcare sector, focusing on stocks such as GE Healthcare Technologies Inc, Establishment Labs Holdings, and Bausch + Lomb Corporation. ;'>

The word on The Street in general, suggests a Strong Buy analyst consensus rating for Dexcom with a $86.69 average price target, a 27.2% upside from current levels. In a report issued on January 30, TipRanks – PerPlexity also upgraded the stock to Buy with a $85.00 price target.

BridgeBio Pharma (BBIO)

Wells Fargo analyst Derek Archila reiterated a Buy rating on BridgeBio Pharma today and set a price target of $98.00. The company’s shares closed last Friday at $76.47.

According to TipRanks.com, Archila is a 5-star analyst with an average return of 20.3% and a 54.5% success rate. Archila covers the Healthcare sector, focusing on stocks such as Kyverna Therapeutics, Inc., Monte Rosa Therapeutics, and Apellis Pharmaceuticals. ;'>

Currently, the analyst consensus on BridgeBio Pharma is a Strong Buy with an average price target of $100.14, representing a 36.6% upside. In a report issued on January 29, TD Cowen also maintained a Buy rating on the stock with a $95.00 price target.

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