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Analysts Offer Insights on Healthcare Companies: Myriad Genetics (MYGN) and Hims & Hers Health (HIMS)

Tipranks - Wed Feb 25, 5:08AM CST

Analysts are pulling back from the Healthcare sector as 2 experts expressed today bearish sentiments on Myriad Genetics (MYGNResearch Report) and Hims & Hers Health (HIMSResearch Report).

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Myriad Genetics (MYGN)

In a report released yesterday, Michael Ryskin from Bank of America Securities reiterated a Sell rating on Myriad Genetics, with a price target of $4.00. The company’s shares closed last Monday at $4.38.

According to TipRanks.com, Ryskin is a 3-star analyst with an average return of 2.4% and a 51.9% success rate. Ryskin covers the Healthcare sector, focusing on stocks such as West Pharmaceutical Services, Caris Life Sciences, Inc., and Tempus AI, Inc. Class A. ;'>

Myriad Genetics has an analyst consensus of Hold, with a price target consensus of $6.33, a 48.2% upside from current levels. In a report released today, TipRanks – Anthropic also downgraded the stock to Sell with a $4.00 price target.

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Hims & Hers Health (HIMS)

In a report released yesterday, Allen Lutz from Bank of America Securities maintained a Sell rating on Hims & Hers Health, with a price target of $13.00. The company’s shares closed last Monday at $15.51, close to its 52-week low of $11.20.

According to TipRanks.com, Lutz is a 5-star analyst with an average return of 14.0% and a 65.8% success rate. Lutz covers the Healthcare sector, focusing on stocks such as Definitive Healthcare Corp, Envista Holdings, and DENTSPLY SIRONA. ;'>

Hims & Hers Health has an analyst consensus of Hold, with a price target consensus of $32.03, implying a 102.8% upside from current levels. In a report issued on February 9, Citi also maintained a Sell rating on the stock with a $16.50 price target.

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