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Analysts Offer Insights on Healthcare Companies: IQVIA Holdings (IQV), BridgeBio Pharma (BBIO) and Guardant Health (GH)

Tipranks - Thu Jun 18, 6:06AM CDT

Analysts have been eager to weigh in on the Healthcare sector with new ratings on IQVIA Holdings (IQV), BridgeBio Pharma (BBIO) and Guardant Health (GH).

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IQVIA Holdings (IQV)

In a report released today, Kallum Titchmarsh from Morgan Stanley downgraded IQVIA Holdings to Hold, with a price target of $200.00. The company’s shares closed last Tuesday at $179.17, close to its 52-week low of $176.03.

According to TipRanks.com, Titchmarsh is a 2-star analyst with an average return of 0.9% and a 45.5% success rate. Titchmarsh covers the Healthcare sector, focusing on stocks such as West Pharmaceutical Services, Adaptive Biotechnologies, and Tempus AI, Inc. Class A. ;'>

The word on The Street in general, suggests a Strong Buy analyst consensus rating for IQVIA Holdings with a $211.40 average price target, a 17.8% upside from current levels. In a report issued on June 12, TipRanks – OpenAI also downgraded the stock to Hold with a $199.00 price target.

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BridgeBio Pharma (BBIO)

In a report released today, Tiago Fauth from Raymond James maintained a Buy rating on BridgeBio Pharma, with a price target of $98.00. The company’s shares closed last Tuesday at $66.64.

According to TipRanks.com, Fauth is a 4-star analyst with an average return of 11.8% and a 47.3% success rate. Fauth covers the Healthcare sector, focusing on stocks such as Praxis Precision Medicines, Rapport Therapeutics, Inc., and Milestone Pharmaceuticals. ;'>

Currently, the analyst consensus on BridgeBio Pharma is a Strong Buy with an average price target of $106.22, which is a 57.4% upside from current levels. In a report issued on June 3, Canaccord Genuity also initiated coverage with a Buy rating on the stock with a $104.00 price target.

Guardant Health (GH)

Wells Fargo analyst Brandon Couillard maintained a Buy rating on Guardant Health today and set a price target of $125.00. The company’s shares closed last Tuesday at $127.34.

According to TipRanks.com, Couillard is a 5-star analyst with an average return of 16.6% and a 61.3% success rate. Couillard covers the Healthcare sector, focusing on stocks such as BillionToOne, Inc. Class A, Bio-Rad Laboratories, and GeneDx Holdings. ;'>

Currently, the analyst consensus on Guardant Health is a Strong Buy with an average price target of $143.39, representing a 10.1% upside. In a report issued on June 5, Goldman Sachs also initiated coverage with a Buy rating on the stock with a $165.00 price target.

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