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Analysts Conflicted on These Healthcare Names: Jade Biosciences (JBIO), Elevance Health (ELV) and Regeneron (REGN)

Tipranks - Fri Apr 24, 4:42AM CDT

Companies in the Healthcare sector have received a lot of coverage today as analysts weigh in on Jade Biosciences (JBIO), Elevance Health (ELV) and Regeneron (REGN).

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Jade Biosciences (JBIO)

William Blair analyst Matt Phipps maintained a Buy rating on Jade Biosciences today. The company’s shares closed last Wednesday at $25.38.

According to TipRanks.com, Phipps is a 4-star analyst with an average return of 5.1% and a 44.3% success rate. Phipps covers the Healthcare sector, focusing on stocks such as NewAmsterdam Pharma Company, Janux Therapeutics Inc, and Bristol-Myers Squibb. ;'>

The word on The Street in general, suggests a Strong Buy analyst consensus rating for Jade Biosciences with a $30.83 average price target.

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Elevance Health (ELV)

In a report released today, Kevin Fischbeck from Bank of America Securities reiterated a Hold rating on Elevance Health, with a price target of $405.00. The company’s shares closed last Wednesday at $328.20.

According to TipRanks.com, Fischbeck is a 4-star analyst with an average return of 2.8% and a 58.1% success rate. Fischbeck covers the Healthcare sector, focusing on stocks such as Ardent Health Partners, Inc., Molina Healthcare, and Tenet Healthcare. ;'>

Currently, the analyst consensus on Elevance Health is a Moderate Buy with an average price target of $377.59, which is an 11.8% upside from current levels. In a report issued on April 8, Evercore ISI also initiated coverage with a Hold rating on the stock with a $345.00 price target.

Regeneron (REGN)

In a report released yesterday, Tazeen Ahmad from Bank of America Securities maintained a Buy rating on Regeneron, with a price target of $860.00. The company’s shares closed last Wednesday at $746.58.

According to TipRanks.com, Ahmad is a 4-star analyst with an average return of 3.0% and a 53.6% success rate. Ahmad covers the Healthcare sector, focusing on stocks such as Ultragenyx Pharmaceutical, KalVista Pharmaceuticals, and Bicara Therapeutics Inc. ;'>

Regeneron has an analyst consensus of Strong Buy, with a price target consensus of $874.76, implying a 16.4% upside from current levels. In a report issued on April 8, Bernstein also maintained a Buy rating on the stock with a $921.00 price target.

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