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Analysts Offer Insights on Healthcare Companies: Elevance Health (ELV) and Janux Therapeutics Inc (JANX)

Tipranks - Fri Mar 6, 4:06AM CST

There’s a lot to be optimistic about in the Healthcare sector as 2 analysts just weighed in on Elevance Health (ELVResearch Report) and Janux Therapeutics Inc (JANXResearch Report) with bullish sentiments.

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Elevance Health (ELV)

In a report issued on March 3, Stephen Baxter from Wells Fargo maintained a Buy rating on Elevance Health, with a price target of $391.00. The company’s shares closed last Wednesday at $291.45.

According to TipRanks.com, Baxter is a 1-star analyst with an average return of -0.9% and a 45.0% success rate. Baxter covers the Healthcare sector, focusing on stocks such as Concentra Group Holdings Parent, Inc., BrightSpring Health Services, Inc., and Molina Healthcare. ;'>

Currently, the analyst consensus on Elevance Health is a Moderate Buy with an average price target of $389.07, a 36.8% upside from current levels. In a report issued on March 3, Barclays also maintained a Buy rating on the stock with a $393.00 price target.

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