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Analysts’ Top Healthcare Picks: Trulieve Cannabis (TCNNF), Medline (MDLN)

Tipranks - Tue Mar 3, 12:22PM CST

There’s a lot to be optimistic about in the Healthcare sector as 2 analysts just weighed in on Trulieve Cannabis (TCNNFResearch Report) and Medline (MDLNResearch Report) with bullish sentiments.

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Trulieve Cannabis (TCNNF)

In a report issued on February 27, Frederico Gomes from ATB Cormark Capital Markets maintained a Buy rating on Trulieve Cannabis, with a price target of C$15.00. The company’s shares closed last Monday at $6.06.

According to TipRanks.com, Gomes is a 1-star analyst with an average return of -4.0% and a 51.4% success rate. Gomes covers the Healthcare sector, focusing on stocks such as Decibel Cannabis Company, Green Thumb Industries, and Organigram Global. ;'>

Currently, the analyst consensus on Trulieve Cannabis is a Strong Buy with an average price target of $14.99, implying a 134.6% upside from current levels. In a report issued on February 26, Haywood also maintained a Buy rating on the stock with a C$19.00 price target.

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Medline (MDLN)

In a report released today, Brandon Vazquez from William Blair maintained a Buy rating on Medline. The company’s shares closed last Monday at $46.43.

According to TipRanks.com, Vazquez is a 2-star analyst with an average return of 1.4% and a 47.5% success rate. Vazquez covers the Healthcare sector, focusing on stocks such as Tactile Systems Technology, Edwards Lifesciences, and Elanco Animal Health. ;'>

Medline has an analyst consensus of Strong Buy, with a price target consensus of $51.88, implying a 10.1% upside from current levels. In a report issued on February 27, TipRanks – Google also initiated coverage with a Buy rating on the stock with a $56.00 price target.

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