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Analysts’ Opinions Are Mixed on These Healthcare Stocks: Illumina (ILMN), Moderna (MRNA) and Dexcom (DXCM)

Tipranks - Sat May 2, 10:52AM CDT

Analysts have been eager to weigh in on the Healthcare sector with new ratings on Illumina (ILMN), Moderna (MRNA) and Dexcom (DXCM).

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Illumina (ILMN)

Bank of America Securities analyst Michael Ryskin maintained a Sell rating on Illumina today. The company’s shares closed last Friday at $133.12.

According to TipRanks.com, Ryskin is a 1-star analyst with an average return of -0.2% and a 44.5% 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. ;'>

Currently, the analyst consensus on Illumina is a Hold with an average price target of $144.90, implying an 8.8% upside from current levels. In a report released today, Barclays also assigned a Sell rating to the stock with a price target.

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Moderna (MRNA)

In a report released today, Joseph Stringer from Needham maintained a Hold rating on Moderna, with a price target of $45.94. The company’s shares closed last Friday at $46.10, close to its 52-week low of $29.25.

According to TipRanks.com, Stringer is a 5-star analyst with an average return of 23.9% and a 46.7% success rate. Stringer covers the Healthcare sector, focusing on stocks such as Apellis Pharmaceuticals, Phathom Pharmaceuticals, and Vertex Pharmaceuticals. ;'>

Currently, the analyst consensus on Moderna is a Hold with an average price target of $38.23, representing a -18.0% downside. In a report issued on April 21, Bernstein also maintained a Hold rating on the stock with a $45.00 price target.

Dexcom (DXCM)

In a report released today, Travis Steed from Bank of America Securities maintained a Buy rating on Dexcom. The company’s shares closed last Friday at $61.57.

According to TipRanks.com, Steed is a 2-star analyst with an average return of 0.2% and a 47.3% success rate. Steed covers the Healthcare sector, focusing on stocks such as Kestra Medical Technologies Ltd., Bausch + Lomb Corporation, and Zimmer Biomet Holdings. ;'>

Dexcom has an analyst consensus of Strong Buy, with a price target consensus of $81.58, which is a 33.8% upside from current levels. In a report issued on April 16, TipRanks – xAI also upgraded the stock to Buy with a $72.00 price target.

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