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Analysts Offer Insights on Healthcare Companies: Corvus Pharmaceuticals (CRVS), Elevance Health (ELV) and Universal Health (UHS)

Tipranks - Fri Jan 30, 5:36AM CST

Companies in the Healthcare sector have received a lot of coverage today as analysts weigh in on Corvus Pharmaceuticals (CRVSResearch Report), Elevance Health (ELVResearch Report) and Universal Health (UHSResearch Report).

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Corvus Pharmaceuticals (CRVS)

Mizuho Securities analyst Graig Suvannavejh maintained a Buy rating on Corvus Pharmaceuticals today and set a price target of $30.00. The company’s shares closed last Wednesday at $20.54.

According to TipRanks.com, Suvannavejh is a 5-star analyst with an average return of 15.1% and a 49.3% success rate. Suvannavejh covers the Healthcare sector, focusing on stocks such as Harmony Biosciences Holdings, Amylyx Pharmaceuticals Inc, and Neumora Therapeutics, Inc. ;'>

Corvus Pharmaceuticals has an analyst consensus of Strong Buy, with a price target consensus of $31.80, representing a 44.0% upside. In a report issued on January 20, TipRanks – Google also upgraded the stock to Buy with a $9.00 price target.

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Elevance Health (ELV)

Bank of America Securities analyst Kevin Fischbeck reiterated a Hold rating on Elevance Health today and set a price target of $385.00. The company’s shares closed last Wednesday at $341.85.

According to TipRanks.com, Fischbeck is a 4-star analyst with an average return of 3.2% and a 59.9% success rate. Fischbeck covers the Healthcare sector, focusing on stocks such as Ardent Health Partners, Inc., AMN Healthcare Services, and Tenet Healthcare. ;'>

Elevance Health has an analyst consensus of Strong Buy, with a price target consensus of $396.36, a 25.6% upside from current levels. In a report released yesterday, TipRanks – OpenAI also downgraded the stock to Hold with a $349.00 price target.

Universal Health (UHS)

Wells Fargo analyst Stephen Baxter maintained a Hold rating on Universal Health yesterday and set a price target of $235.00. The company’s shares closed last Wednesday at $203.02.

According to TipRanks.com, Baxter is a 1-star analyst with an average return of -0.2% and a 44.5% success rate. Baxter covers the Healthcare sector, focusing on stocks such as Concentra Group Holdings Parent, Inc., BrightSpring Health Services, Inc., and Medline, Inc. Class A. ;'>

The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Universal Health with a $253.00 average price target, a 25.5% upside from current levels. In a report issued on January 22, RBC Capital also maintained a Hold rating on the stock with a $231.00 price target.

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