Skip to main content
This section contains press releases and other materials from third parties (including paid content). The Globe and Mail has not reviewed this content. Please see disclaimer.

Analysts Offer Insights on Healthcare Companies: Penumbra (PEN) and Disc Medicine (IRON)

Tipranks - Fri Jan 16, 10:08AM CST

There’s a lot to be optimistic about in the Healthcare sector as 2 analysts just weighed in on Penumbra (PENResearch Report) and Disc Medicine (IRONResearch Report) with bullish sentiments.

Claim 70% Off TipRanks Premium

Penumbra (PEN)

In a report released today, Travis Steed from Bank of America Securities maintained a Buy rating on Penumbra. The company’s shares closed last Thursday at $351.85.

According to TipRanks.com, Steed is a 4-star analyst with an average return of 6.6% and a 58.9% success rate. Steed covers the Healthcare sector, focusing on stocks such as Kestra Medical Technologies Ltd., GE Healthcare Technologies Inc, and Bausch + Lomb Corporation. ;'>

Currently, the analyst consensus on Penumbra is a Strong Buy with an average price target of $346.31, implying a -0.5% downside from current levels. In a report issued on January 5, Evercore ISI also maintained a Buy rating on the stock with a $340.00 price target.

See Insiders’ Hot Stocks on TipRanks >>

Disclaimer & DisclosureReport an Issue

This article contains syndicated content. We have not reviewed, approved, or endorsed the content, and may receive compensation for placement of the content on this site. For more information please view the Barchart Disclosure Policy here.