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Analysts Are Bullish on Top Healthcare Stocks: Merck & Company (MRK), Savara (SVRA)

Tipranks - Sat Apr 18, 7:52AM CDT

There’s a lot to be optimistic about in the Healthcare sector as 3 analysts just weighed in on Merck & Company (MRK), Savara (SVRA) and Summit Therapeutics (SMMT) with bullish sentiments.

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Merck & Company (MRK)

Rothschild & Co Redburn analyst Natalya Davies maintained a Buy rating on Merck & Company today and set a price target of $179.00. The company’s shares closed last Thursday at $115.46.

According to TipRanks.com, Davies is ranked #9402 out of 12199 analysts.

Currently, the analyst consensus on Merck & Company is a Moderate Buy with an average price target of $136.37, which is a 16.4% upside from current levels. In a report issued on April 6, J.P. Morgan also maintained a Buy rating on the stock with a $135.00 price target.

See the top stocks recommended by analysts >>

Savara (SVRA)

H.C. Wainwright analyst Andrew Fein maintained a Buy rating on Savara today and set a price target of $10.00. The company’s shares closed last Thursday at $5.64.

According to TipRanks.com, Fein is a 5-star analyst with an average return of 27.5% and a 56.7% success rate. Fein covers the Healthcare sector, focusing on stocks such as DBV Technologies SA – American, Amylyx Pharmaceuticals Inc, and Madrigal Pharmaceuticals. ;'>

Savara has an analyst consensus of Strong Buy, with a price target consensus of $11.00, implying an 90.0% upside from current levels. In a report released yesterday, Piper Sandler also maintained a Buy rating on the stock with a $16.00 price target.

Summit Therapeutics (SMMT)

In a report released today, Cory Kasimov from Evercore ISI maintained a Buy rating on Summit Therapeutics, with a price target of $34.00. The company’s shares closed last Thursday at $24.42.

According to TipRanks.com, Kasimov is a 5-star analyst with an average return of 17.8% and a 57.4% success rate. Kasimov covers the Healthcare sector, focusing on stocks such as BioMarin Pharmaceutical, Vertex Pharmaceuticals, and Zenas BioPharma, Inc. ;'>

Summit Therapeutics has an analyst consensus of Strong Buy, with a price target consensus of $31.36, which is a 47.5% upside from current levels. In a report issued on April 8, Stifel Nicolaus also initiated coverage with a Buy rating on the stock with a $45.00 price target.

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