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Analysts’ Top Healthcare Picks: Regeneron (REGN), Resmed (RMD)

Tipranks - Sat Jan 31, 7:12AM CST

There’s a lot to be optimistic about in the Healthcare sector as 3 analysts just weighed in on Regeneron (REGNResearch Report), Resmed (RMDResearch Report) and Upstream Bio, Inc. (UPBResearch Report) with bullish sentiments.

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Regeneron (REGN)

Truist Financial analyst Gregory Renza maintained a Buy rating on Regeneron today. The company’s shares closed last Thursday at $749.44.

According to TipRanks.com, Renza is a 5-star analyst with an average return of 23.2% and a 50.2% success rate. Renza covers the Healthcare sector, focusing on stocks such as Ascentage Pharma Group International Unsponsored ADR, Perspective Therapeutics, and Abivax SA Sponsored ADR. ;'>

The word on The Street in general, suggests a Strong Buy analyst consensus rating for Regeneron with a $847.06 average price target, a 12.1% upside from current levels. In a report issued on January 22, DBS also maintained a Buy rating on the stock with a $910.00 price target.

See the top stocks recommended by analysts >>

Resmed (RMD)

In a report released today, Anthony Petrone from Mizuho Securities maintained a Buy rating on Resmed, with a price target of $300.00. The company’s shares closed last Thursday at $257.61, close to its 52-week high of $263.05.

According to TipRanks.com, Petrone is a 4-star analyst with an average return of 7.7% and a 51.9% success rate. Petrone covers the Healthcare sector, focusing on stocks such as Establishment Labs Holdings, Inspire Medical Systems, and Edwards Lifesciences. ;'>

Resmed has an analyst consensus of Moderate Buy, with a price target consensus of $299.11, which is a 16.4% upside from current levels. In a report released today, TipRanks – xAI also upgraded the stock to Buy with a $287.00 price target.

Upstream Bio, Inc. (UPB)

In a report released today, Matt Phipps from William Blair maintained a Buy rating on Upstream Bio, Inc.. The company’s shares closed last Thursday at $30.94.

According to TipRanks.com, Phipps is a 4-star analyst with an average return of 6.6% and a 49.0% success rate. Phipps covers the Healthcare sector, focusing on stocks such as NewAmsterdam Pharma Company, Janux Therapeutics Inc, and Ionis Pharmaceuticals. ;'>

The word on The Street in general, suggests a Strong Buy analyst consensus rating for Upstream Bio, Inc. with a $48.80 average price target, which is a 61.1% upside from current levels. In a report issued on January 16, LifeSci Capital also maintained a Buy rating on the stock with a $43.00 price target.

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