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Analysts Offer Insights on Healthcare Companies: Dexcom (DXCM) and Vera Therapeutics (VERA)

Tipranks - Thu Jul 9, 12:54AM CDT

There’s a lot to be optimistic about in the Healthcare sector as 2 analysts just weighed in on Dexcom (DXCM) and Vera Therapeutics (VERA) with bullish sentiments.

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Dexcom (DXCM)

In a report released today, Josh Jennings from TD Cowen maintained a Buy rating on Dexcom, with a price target of $95.00. The company’s shares closed last Tuesday at $73.57, close to its 52-week low of $62.34.

According to TipRanks.com, Jennings is a 4-star analyst with an average return of 5.2% and a 47.0% success rate. Jennings covers the Healthcare sector, focusing on stocks such as Establishment Labs Holdings, Orchestra BioMed Holdings, and Edwards Lifesciences. ;'>

Dexcom has an analyst consensus of Strong Buy, with a price target consensus of $83.60.

See today’s best-performing stocks on TipRanks >>

Vera Therapeutics (VERA)

TD Cowen analyst Ritu Baral maintained a Buy rating on Vera Therapeutics yesterday and set a price target of $78.00. The company’s shares closed last Tuesday at $42.96.

According to TipRanks.com, Baral is a top 100 analyst with an average return of 44.6% and a 56.2% success rate. Baral covers the Healthcare sector, focusing on stocks such as Sagimet Biosciences, Inc. Class A, Praxis Precision Medicines, and Milestone Pharmaceuticals. ;'>

The word on The Street in general, suggests a Strong Buy analyst consensus rating for Vera Therapeutics with a $80.33 average price target, which is a 98.5% upside from current levels. In a report issued on June 24, Raymond James also maintained a Buy rating on the stock.

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