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Analysts Offer Insights on Healthcare Companies: Medtronic (MDT), Arcus Biosciences (RCUS) and Dyne Therapeutics (DYN)

Tipranks - Fri Jun 5, 8:28AM CDT

There’s a lot to be optimistic about in the Healthcare sector as 3 analysts just weighed in on Medtronic (MDT), Arcus Biosciences (RCUS) and Dyne Therapeutics (DYN) with bullish sentiments.

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Medtronic (MDT)

In a report released today, Vijay Kumar from Evercore ISI maintained a Buy rating on Medtronic, with a price target of $106.00. The company’s shares closed last Thursday at $79.87.

According to TipRanks.com, Kumar is a 3-star analyst with an average return of 1.3% and a 45.5% success rate. Kumar covers the Healthcare sector, focusing on stocks such as GE Healthcare Technologies Inc, West Pharmaceutical Services, and Caris Life Sciences, Inc. ;'>

Currently, the analyst consensus on Medtronic is a Moderate Buy with an average price target of $99.32, which is a 27.4% upside from current levels. In a report released today, BTIG also upgraded the stock to Buy with a $90.00 price target.

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Arcus Biosciences (RCUS)

Truist Financial analyst Supawat Thongthip maintained a Buy rating on Arcus Biosciences today. The company’s shares closed last Thursday at $23.99.

Thongthip has an average return of 1.9% when recommending Arcus Biosciences. ;'>

According to TipRanks.com, Thongthip is ranked #8779 out of 12292 analysts.

Currently, the analyst consensus on Arcus Biosciences is a Strong Buy with an average price target of $37.67, which is a 57.9% upside from current levels. In a report released today, LifeSci Capital also initiated coverage with a Buy rating on the stock with a $46.00 price target.

Dyne Therapeutics (DYN)

In a report released today, Gavin Clark-Gartner from Evercore ISI maintained a Buy rating on Dyne Therapeutics, with a price target of $33.00. The company’s shares closed last Thursday at $17.75.

According to TipRanks.com, Clark-Gartner is a 5-star analyst with an average return of 22.4% and a 54.3% success rate. Clark-Gartner covers the Healthcare sector, focusing on stocks such as Ultragenyx Pharmaceutical, Crinetics Pharmaceuticals, and Viridian Therapeutics. ;'>

Dyne Therapeutics has an analyst consensus of Strong Buy, with a price target consensus of $37.91, implying an 110.7% upside from current levels. In a report issued on May 21, H.C. Wainwright also maintained a Buy rating on the stock with a $50.00 price target.

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