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Analysts Offer Insights on Healthcare Companies: Beta Bionics, Inc. (BBNX), Regeneron (REGN) and Alkermes (ALKS)

Tipranks - Tue Jun 23, 6:10AM CDT

Analysts have been eager to weigh in on the Healthcare sector with new ratings on Beta Bionics, Inc. (BBNX), Regeneron (REGN) and Alkermes (ALKS).

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Beta Bionics, Inc. (BBNX)

In a report released today, Matthew O’Brien from Piper Sandler reiterated a Buy rating on Beta Bionics, Inc., with a price target of $20.00. The company’s shares closed last Thursday at $13.88.

According to TipRanks.com, O’Brien has currently 0 stars on a ranking scale of 0-5 stars, with an average return of -8.9% and a 34.5% success rate. O’Brien covers the Healthcare sector, focusing on stocks such as Kestra Medical Technologies Ltd., Shoulder Innovations, Inc., and Orchestra BioMed Holdings. ;'>

Currently, the analyst consensus on Beta Bionics, Inc. is a Moderate Buy with an average price target of $17.67, which is a 30.0% upside from current levels. In a report issued on June 8, TipRanks – xAI also upgraded the stock to Buy with a $15.50 price target.

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Regeneron (REGN)

In a report released today, Geoff Meacham from Citi maintained a Hold rating on Regeneron, with a price target of $700.00. The company’s shares closed last Thursday at $609.94.

According to TipRanks.com, Meacham is a 5-star analyst with an average return of 10.3% and a 57.3% success rate. Meacham covers the Healthcare sector, focusing on stocks such as Amylyx Pharmaceuticals Inc, Protagonist Therapeutics, and Kiniksa Pharmaceuticals. ;'>

Regeneron has an analyst consensus of Moderate Buy, with a price target consensus of $826.90, which is a 35.1% upside from current levels. In a report issued on June 10, TipRanks – Anthropic also reiterated a Hold rating on the stock with a $669.00 price target.

Alkermes (ALKS)

Piper Sandler analyst David Amsellem reiterated a Buy rating on Alkermes today and set a price target of $43.00. The company’s shares closed last Thursday at $44.99.

According to TipRanks.com, Amsellem is a 5-star analyst with an average return of 12.3% and a 58.9% success rate. Amsellem covers the Healthcare sector, focusing on stocks such as Harmony Biosciences Holdings, Amphastar Pharmaceuticals, and Supernus Pharmaceuticals. ;'>

The word on The Street in general, suggests a Strong Buy analyst consensus rating for Alkermes with a $49.36 average price target, which is a 9.1% upside from current levels. In a report issued on June 15, TipRanks – PerPlexity also upgraded the stock to Buy with a $49.00 price target.

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