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Analysts Are Bullish on These Healthcare Stocks: Progyny (PGNY), Ionis Pharmaceuticals (IONS)

Tipranks - Tue Jan 20, 2:24AM CST

There’s a lot to be optimistic about in the Healthcare sector as 2 analysts just weighed in on Progyny (PGNYResearch Report) and Ionis Pharmaceuticals (IONSResearch Report) with bullish sentiments.

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Progyny (PGNY)

Bank of America Securities analyst Allen Lutz maintained a Buy rating on Progyny on January 16 and set a price target of $30.00. The company’s shares closed last Friday at $24.52.

According to TipRanks.com, Lutz is a 5-star analyst with an average return of 12.9% and a 66.9% success rate. Lutz covers the Healthcare sector, focusing on stocks such as Definitive Healthcare Corp, Hims & Hers Health, and Envista Holdings. ;'>

Currently, the analyst consensus on Progyny is a Strong Buy with an average price target of $29.14, a 20.0% upside from current levels. In a report issued on January 8, Truist Financial also upgraded the stock to Buy with a $34.00 price target.

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Ionis Pharmaceuticals (IONS)

In a report issued on January 17, Matt Phipps from William Blair reiterated a Buy rating on Ionis Pharmaceuticals. The company’s shares closed last Friday at $76.33.

According to TipRanks.com, Phipps is a 4-star analyst with an average return of 6.6% and a 49.0% success rate. Phipps covers the Healthcare sector, focusing on stocks such as NewAmsterdam Pharma Company, Janux Therapeutics Inc, and Context Therapeutics. ;'>

Ionis Pharmaceuticals has an analyst consensus of Strong Buy, with a price target consensus of $94.92, a 23.0% upside from current levels. In a report issued on January 7, TipRanks – Google also upgraded the stock to Buy with a $95.00 price target.

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