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Analysts Offer Insights on Healthcare Companies: Merck & Company (MRK) and Illumina (ILMN)

Tipranks - Fri Jul 24, 5:26AM CDT

Analysts fell to the sidelines weighing in on Merck & Company (MRK) and Illumina (ILMN) with neutral ratings, indicating that the experts are neither bullish nor bearish on the stocks.

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Merck & Company (MRK)

Bernstein analyst Courtney Breen maintained a Hold rating on Merck & Company yesterday and set a price target of $100.00. The company’s shares closed last Wednesday at $127.47, close to its 52-week high of $134.63.

According to TipRanks.com, Breen is a 4-star analyst with an average return of 18.6% and a 84.9% success rate. Breen covers the Healthcare sector, focusing on stocks such as Bristol-Myers Squibb, Gilead Sciences, and Eli Lilly & Co. ;'>

Merck & Company has an analyst consensus of Moderate Buy, with a price target consensus of $136.35, representing a 7.1% upside. In a report issued on July 9, Morgan Stanley also maintained a Hold rating on the stock with a $113.00 price target.

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Illumina (ILMN)

In a report released yesterday, Eve Burstein from Bernstein maintained a Hold rating on Illumina, with a price target of $185.00. The company’s shares closed last Wednesday at $190.87.

According to TipRanks.com, Burstein is a 4-star analyst with an average return of 26.9% and a 70.0% success rate. Burstein covers the Healthcare sector, focusing on stocks such as Guardant Health, Thermo Fisher, and Agilent. ;'>

The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Illumina with a $171.13 average price target, implying a -9.9% downside from current levels. In a report issued on July 15, TD Cowen also maintained a Hold rating on the stock with a $192.00 price target.

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