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Analysts Conflicted on These Healthcare Names: Simulations Plus (SLP), Incyte (INCY) and Glaukos (GKOS)

Tipranks - Thu Jun 18, 5:50AM CDT

Companies in the Healthcare sector have received a lot of coverage today as analysts weigh in on Simulations Plus (SLP), Incyte (INCY) and Glaukos (GKOS).

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Simulations Plus (SLP)

In a report released yesterday, David Larsen from BTIG assigned a Hold rating to Simulations Plus, with a price target of $18.50. The company’s shares closed last Tuesday at $18.24.

According to TipRanks.com, Larsen has currently 0 stars on a ranking scale of 0-5 stars, with an average return of -5.7% and a 35.1% success rate. Larsen covers the Healthcare sector, focusing on stocks such as BrightSpring Health Services, Inc., Definitive Healthcare Corp, and Lifestance Health Group. ;'>

Currently, the analyst consensus on Simulations Plus is a Hold with an average price target of $17.25, a -5.2% downside from current levels. In a report released today, William Blair also downgraded the stock to Hold.

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Incyte (INCY)

In a report released today, Derek Archila from Wells Fargo maintained a Hold rating on Incyte, with a price target of $101.00. The company’s shares closed last Tuesday at $99.75.

According to TipRanks.com, Archila is a 5-star analyst with an average return of 18.5% and a 53.1% success rate. Archila covers the Healthcare sector, focusing on stocks such as First Tracks Biotherapeutics Inc, Kyverna Therapeutics, Inc., and Monte Rosa Therapeutics. ;'>

Currently, the analyst consensus on Incyte is a Moderate Buy with an average price target of $111.13, implying an 8.2% upside from current levels. In a report issued on June 8, William Blair also maintained a Hold rating on the stock.

Glaukos (GKOS)

In a report released today, David Saxon from Needham maintained a Buy rating on Glaukos, with a price target of $150.00. The company’s shares closed last Tuesday at $127.53.

According to TipRanks.com, Saxon is a 1-star analyst with an average return of -1.8% and a 34.0% success rate. Saxon covers the Healthcare sector, focusing on stocks such as Bausch + Lomb Corporation, Irhythm Technologies, and Alphatec Holdings. ;'>

Glaukos has an analyst consensus of Strong Buy, with a price target consensus of $157.50, implying a 20.5% upside from current levels. In a report issued on June 3, William Blair also maintained a Buy rating on the stock.

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