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Analysts Are Bullish on These Healthcare Stocks: Irhythm Technologies (IRTC), Gilead Sciences (GILD)

Tipranks - Wed Jun 17, 6:52AM CDT

There’s a lot to be optimistic about in the Healthcare sector as 3 analysts just weighed in on Irhythm Technologies (IRTC), Gilead Sciences (GILD) and Disc Medicine (IRON) with bullish sentiments.

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Irhythm Technologies (IRTC)

Truist Financial analyst Richard Newitter maintained a Buy rating on Irhythm Technologies today. The company’s shares closed last Monday at $113.76.

According to TipRanks.com, Newitter is a 4-star analyst with an average return of 6.8% and a 47.2% success rate. Newitter covers the Healthcare sector, focusing on stocks such as Treace Medical Concepts, Inspire Medical Systems, and Zimmer Biomet Holdings. ;'>

Irhythm Technologies has an analyst consensus of Strong Buy, with a price target consensus of $177.36, representing a 54.7% upside. In a report issued on June 1, Canaccord Genuity also maintained a Buy rating on the stock with a $152.00 price target.

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Gilead Sciences (GILD)

In a report released today, Gregory Renza from Truist Financial maintained a Buy rating on Gilead Sciences. The company’s shares closed last Monday at $124.30.

According to TipRanks.com, Renza is a 5-star analyst with an average return of 15.5% and a 46.9% success rate. Renza covers the Healthcare sector, focusing on stocks such as Ascentage Pharma Group International Unsponsored ADR, Perspective Therapeutics, and Abivax SA Sponsored ADR. ;'>

Currently, the analyst consensus on Gilead Sciences is a Strong Buy with an average price target of $160.37, implying a 28.0% upside from current levels. In a report issued on June 2, Bank of America Securities also maintained a Buy rating on the stock with a $162.00 price target.

Disc Medicine (IRON)

In a report released today, Danielle Brill from Truist Financial maintained a Buy rating on Disc Medicine. The company’s shares closed last Monday at $70.09.

According to TipRanks.com, Brill is a 5-star analyst with an average return of 13.1% and a 54.0% success rate. Brill covers the Healthcare sector, focusing on stocks such as Harmony Biosciences Holdings, Rapport Therapeutics, Inc., and Praxis Precision Medicines. ;'>

Currently, the analyst consensus on Disc Medicine is a Strong Buy with an average price target of $101.50, which is a 47.0% upside from current levels. In a report issued on June 3, TD Cowen also initiated coverage with a Buy rating on the stock.

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