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Analysts Offer Insights on Healthcare Companies: Teladoc (TDOC), Spyre Therapeutics (SYRE) and Ionis Pharmaceuticals (IONS)

Tipranks - Thu Feb 26, 8:36PM CST

Companies in the Healthcare sector have received a lot of coverage today as analysts weigh in on Teladoc (TDOCResearch Report), Spyre Therapeutics (SYREResearch Report) and Ionis Pharmaceuticals (IONSResearch Report).

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Teladoc (TDOC)

Citi analyst Daniel Grosslight maintained a Hold rating on Teladoc yesterday and set a price target of $9.00. The company’s shares closed last Wednesday at $4.65.

According to TipRanks.com, Grosslight is a 3-star analyst with an average return of 2.2% and a 43.5% success rate. Grosslight covers the Healthcare sector, focusing on stocks such as Hims & Hers Health, Cardinal Health, and GoodRx Holdings. ;'>

The word on The Street in general, suggests a Hold analyst consensus rating for Teladoc with a $8.08 average price target, which is a 74.9% upside from current levels. In a report issued on February 18, BTIG also maintained a Hold rating on the stock.

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Spyre Therapeutics (SYRE)

In a report released yesterday, Debanjana Chatterjee from JonesTrading maintained a Buy rating on Spyre Therapeutics, with a price target of $64.00. The company’s shares closed last Wednesday at $43.88.

According to TipRanks.com, Chatterjee is a 5-star analyst with an average return of 38.5% and a 64.2% success rate. Chatterjee covers the Healthcare sector, focusing on stocks such as Contineum Therapeutics, Inc. Class A, Sagimet Biosciences, Inc. Class A, and Sionna Therapeutics, Inc. ;'>

The word on The Street in general, suggests a Strong Buy analyst consensus rating for Spyre Therapeutics with a $58.71 average price target, representing a 32.9% upside. In a report issued on February 20, Citi also maintained a Buy rating on the stock with a $64.00 price target.

Ionis Pharmaceuticals (IONS)

Bank of America Securities analyst Jason Gerberry reiterated a Buy rating on Ionis Pharmaceuticals yesterday and set a price target of $100.00. The company’s shares closed last Wednesday at $80.93.

According to TipRanks.com, Gerberry is a 5-star analyst with an average return of 17.3% and a 63.6% success rate. Gerberry covers the Healthcare sector, focusing on stocks such as Harmony Biosciences Holdings, Amylyx Pharmaceuticals Inc, and Arrowhead Pharmaceuticals. ;'>

The word on The Street in general, suggests a Strong Buy analyst consensus rating for Ionis Pharmaceuticals with a $98.55 average price target, which is a 20.6% upside from current levels. In a report released yesterday, William Blair also maintained a Buy rating on the stock.

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