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Analysts Are Bullish on These Healthcare Stocks: Dexcom (DXCM), Medline (MDLN)

Tipranks - Tue Mar 10, 6:42AM CDT

There’s a lot to be optimistic about in the Healthcare sector as 3 analysts just weighed in on Dexcom (DXCMResearch Report), Medline (MDLNResearch Report) and Amylyx Pharmaceuticals Inc (AMLXResearch Report) with bullish sentiments.

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Dexcom (DXCM)

In a report released today, Marie Thibault from BTIG reiterated a Buy rating on Dexcom, with a price target of $85.00. The company’s shares closed last Friday at $68.10, close to its 52-week low of $62.34.

According to TipRanks.com, Thibault is currently ranked with 0 stars on a 0-5 stars ranking scale, with an average return of -13.3% and a 32.4% 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 $86.94 average price target, implying a 24.7% upside from current levels. In a report issued on February 27, TipRanks – xAI also upgraded the stock to Buy with a $83.00 price target.

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Medline (MDLN)

In a report released today, David Larsen from BTIG reiterated a Buy rating on Medline, with a price target of $55.00. The company’s shares closed last Friday at $43.83.

According to TipRanks.com, Larsen is currently ranked with 0 stars on a 0-5 stars ranking scale, with an average return of -10.6% and a 29.3% success rate. Larsen covers the Healthcare sector, focusing on stocks such as BrightSpring Health Services, Inc., Lifestance Health Group, and Hims & Hers Health. ;'>

The word on The Street in general, suggests a Strong Buy analyst consensus rating for Medline with a $52.04 average price target, which is a 21.0% upside from current levels. In a report issued on February 27, TipRanks – Google also initiated coverage with a Buy rating on the stock with a $56.00 price target.

Amylyx Pharmaceuticals Inc (AMLX)

In a report released today, Joseph Thome from TD Cowen maintained a Buy rating on Amylyx Pharmaceuticals Inc. The company’s shares closed last Friday at $13.85.

According to TipRanks.com, Thome is a 5-star analyst with an average return of 16.1% and a 54.9% success rate. Thome covers the Healthcare sector, focusing on stocks such as Rapport Therapeutics, Inc., Arrowhead Pharmaceuticals, and Entrada Therapeutics Inc. ;'>

Currently, the analyst consensus on Amylyx Pharmaceuticals Inc is a Strong Buy with an average price target of $23.14, implying a 67.4% upside from current levels. In a report issued on March 3, Stifel Nicolaus also initiated coverage with a Buy rating on the stock with a $21.00 price target.

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