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Analysts’ Top Healthcare Picks: AbbVie (ABBV), Regeneron (REGN)

Tipranks - Sat Apr 25, 6:18AM CDT

There’s a lot to be optimistic about in the Healthcare sector as 2 analysts just weighed in on AbbVie (ABBV) and Regeneron (REGN) with bullish sentiments.

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AbbVie (ABBV)

Guggenheim analyst Vamil Divan reiterated a Buy rating on AbbVie today and set a price target of $249.00. The company’s shares closed last Thursday at $200.95.

According to TipRanks.com, Divan is a 5-star analyst with an average return of 11.1% and a 55.6% success rate. Divan covers the Healthcare sector, focusing on stocks such as Unicycive Therapeutics, Eledon Pharmaceuticals, and Travere Therapeutics. ;'>

AbbVie has an analyst consensus of Moderate Buy, with a price target consensus of $252.95, which is a 25.8% upside from current levels. In a report issued on April 20, Canaccord Genuity also initiated coverage with a Buy rating on the stock with a $262.00 price target.

See the top stocks recommended by analysts >>

Regeneron (REGN)

Piper Sandler analyst Biren Amin maintained a Buy rating on Regeneron today and set a price target of $875.00. The company’s shares closed last Thursday at $766.02.

According to TipRanks.com, Amin is a 5-star analyst with an average return of 11.2% and a 46.9% success rate. Amin covers the Healthcare sector, focusing on stocks such as Ascentage Pharma Group International Unsponsored ADR, OKYO Pharma Limited Sponsored ADR, and BridgeBio Oncology Therapeutics. ;'>

The word on The Street in general, suggests a Strong Buy analyst consensus rating for Regeneron with a $877.32 average price target, which is a 16.8% upside from current levels. In a report issued on April 13, Truist Financial also maintained a Buy rating on the stock.

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