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Analysts Offer Insights on Healthcare Companies: Phreesia (PHR), McKesson (MCK) and Biohaven Ltd. (BHVN)

Tipranks - Fri May 29, 6:04AM CDT

Analysts have been eager to weigh in on the Healthcare sector with new ratings on Phreesia (PHR), McKesson (MCK) and Biohaven Ltd. (BHVN).

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Phreesia (PHR)

Wells Fargo analyst Stan Berenshteyn reiterated a Hold rating on Phreesia today and set a price target of $9.00. The company’s shares closed last Wednesday at $9.13.

According to TipRanks.com, Berenshteyn is ranked 0 out of 5 stars with an average return of -9.6% and a 44.9% success rate. Berenshteyn covers the Healthcare sector, focusing on stocks such as Hinge Health, Inc. Class A, Omada Health, Inc., and GoodRx Holdings. ;'>

Currently, the analyst consensus on Phreesia is a Moderate Buy with an average price target of $14.14, a 57.8% upside from current levels. In a report issued on May 14, Barclays also downgraded the stock to Hold with a $10.00 price target.

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McKesson (MCK)

Bank of America Securities analyst Allen Lutz maintained a Buy rating on McKesson today and set a price target of $900.00. The company’s shares closed last Wednesday at $756.47.

According to TipRanks.com, Lutz is a 5-star analyst with an average return of 10.2% and a 64.1% success rate. Lutz covers the Healthcare sector, focusing on stocks such as Guardian Pharmacy Services, Inc. Class A, Definitive Healthcare Corp, and Hims & Hers Health. ;'>

Currently, the analyst consensus on McKesson is a Strong Buy with an average price target of $946.91, which is a 25.5% upside from current levels. In a report issued on May 14, Morgan Stanley also reiterated a Buy rating on the stock with a $966.00 price target.

Biohaven Ltd. (BHVN)

In a report released today, Terence Flynn from Morgan Stanley maintained a Buy rating on Biohaven Ltd., with a price target of $18.00. The company’s shares closed last Wednesday at $11.29.

According to TipRanks.com, Flynn is a 5-star analyst with an average return of 9.7% and a 56.7% success rate. Flynn covers the Healthcare sector, focusing on stocks such as Arvinas Holding Company, Vertex Pharmaceuticals, and Intellia Therapeutics. ;'>

The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Biohaven Ltd. with a $19.60 average price target.

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