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Analysts Are Bullish on Top Healthcare Stocks: Molina Healthcare (MOH), Cencora (COR)

Tipranks - Tue May 12, 5:32AM CDT

There’s a lot to be optimistic about in the Healthcare sector as 3 analysts just weighed in on Molina Healthcare (MOH), Cencora (COR) and Nuvalent (NUVL) with bullish sentiments.

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Molina Healthcare (MOH)

Bank of America Securities analyst Kevin Fischbeck maintained a Buy rating on Molina Healthcare today and set a price target of $250.00. The company’s shares closed last Friday at $185.94.

According to TipRanks.com, Fischbeck is a 2-star analyst with an average return of 0.7% and a 56.9% success rate. Fischbeck covers the Healthcare sector, focusing on stocks such as Ardent Health Partners, Inc., Universal Health, and Encompass Health. ;'>

Molina Healthcare has an analyst consensus of Hold, with a price target consensus of $165.23, a -14.4% downside from current levels. In a report issued on May 8, TipRanks – PerPlexity also upgraded the stock to Buy with a $213.00 price target.

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Cencora (COR)

In a report released yesterday, Stephen Baxter from Wells Fargo maintained a Buy rating on Cencora, with a price target of $331.00. The company’s shares closed last Friday at $261.08.

According to TipRanks.com, Baxter is a 3-star analyst with an average return of 1.1% and a 47.5% success rate. Baxter covers the Healthcare sector, focusing on stocks such as Concentra Group Holdings Parent, Inc., BrightSpring Health Services, Inc., and Molina Healthcare. ;'>

Cencora has an analyst consensus of Strong Buy, with a price target consensus of $353.78, which is a 39.2% upside from current levels. In a report issued on May 7, TipRanks – Google also upgraded the stock to Buy with a $283.00 price target.

Nuvalent (NUVL)

In a report released today, Swayampakula Ramakanth from H.C. Wainwright reiterated a Buy rating on Nuvalent, with a price target of $155.00. The company’s shares closed last Friday at $105.28, close to its 52-week high of $113.51.

According to TipRanks.com, Ramakanth is a 5-star analyst with an average return of 19.9% and a 45.0% success rate. Ramakanth covers the Healthcare sector, focusing on stocks such as Actuate Therapeutics, Inc., Janux Therapeutics Inc, and Unicycive Therapeutics. ;'>

The word on The Street in general, suggests a Strong Buy analyst consensus rating for Nuvalent with a $141.23 average price target, a 36.9% upside from current levels. In a report issued on April 27, Stifel Nicolaus also maintained a Buy rating on the stock with a $135.00 price target.

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