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Analysts Are Bullish on Top Healthcare Stocks: Cigna (CI), Eli Lilly & Co (LLY)

Tipranks - Tue Apr 7, 5:22AM CDT

There’s a lot to be optimistic about in the Healthcare sector as 3 analysts just weighed in on Cigna (CI), Eli Lilly & Co (LLY) and McKesson (MCK) with bullish sentiments.

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Cigna (CI)

Bank of America Securities analyst Joanna Gajuk maintained a Buy rating on Cigna today and set a price target of $378.00. The company’s shares closed last Thursday at $270.02, close to its 52-week low of $262.03.

According to TipRanks.com, Gajuk is a 2-star analyst with an average return of 0.7% and a 52.2% success rate. Gajuk covers the Healthcare sector, focusing on stocks such as Concentra Group Holdings Parent, Inc., BrightSpring Health Services, Inc., and Brookdale Senior Living. ;'>

Currently, the analyst consensus on Cigna is a Strong Buy with an average price target of $342.62, implying a 28.1% upside from current levels. In a report issued on March 30, Bernstein also maintained a Buy rating on the stock with a $358.00 price target.

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Eli Lilly & Co (LLY)

In a report issued on April 3, Courtney Breen from Bernstein maintained a Buy rating on Eli Lilly & Co, with a price target of $1300.00. The company’s shares closed last Thursday at $935.58, close to its 52-week high of $972.53.

According to TipRanks.com, Breen is a 4-star analyst with an average return of 19.4% and a 84.1% success rate. Breen covers the Healthcare sector, focusing on stocks such as Bristol-Myers Squibb, Gilead Sciences, and Merck & Company. ;'>

The word on The Street in general, suggests a Strong Buy analyst consensus rating for Eli Lilly & Co with a $1249.83 average price target, a 32.3% upside from current levels. In a report issued on March 20, TipRanks – xAI also upgraded the stock to Buy with a $1019.00 price target.

McKesson (MCK)

Bank of America Securities analyst Allen Lutz reiterated a Buy rating on McKesson today and set a price target of $1000.00. The company’s shares closed last Thursday at $884.28.

According to TipRanks.com, Lutz is a 5-star analyst with an average return of 11.8% and a 63.1% success rate. Lutz covers the Healthcare sector, focusing on stocks such as Hims & Hers Health, Envista Holdings, and Cardinal Health. ;'>

Currently, the analyst consensus on McKesson is a Strong Buy with an average price target of $986.78.

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