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Wall Street Analysts Are Bullish on Top Healthcare Picks

Tipranks - Tue Apr 7, 5:38AM CDT

There’s a lot to be optimistic about in the Healthcare sector as 3 analysts just weighed in on Nektar Therapeutics (NKTR), Solventum Corporation (SOLV) and Immunovant (IMVT) with bullish sentiments.

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Nektar Therapeutics (NKTR)

In a report released today, Arthur He CFA from H.C. Wainwright reiterated a Buy rating on Nektar Therapeutics, with a price target of $135.00. The company’s shares closed last Thursday at $76.99.

According to TipRanks.com, CFA is a 5-star analyst with an average return of 41.8% and a 58.6% success rate. CFA covers the Healthcare sector, focusing on stocks such as Aurinia Pharmaceuticals, Prime Medicine, Inc., and Satellos Bioscience. ;'>

Currently, the analyst consensus on Nektar Therapeutics is a Strong Buy with an average price target of $114.57, implying a 55.8% upside from current levels. In a report issued on March 30, William Blair also reiterated a Buy rating on the stock with a $68.00 price target.

See the top stocks recommended by analysts >>

Solventum Corporation (SOLV)

BTIG analyst Ryan Zimmerman maintained a Buy rating on Solventum Corporation today and set a price target of $100.00. The company’s shares closed last Thursday at $63.57.

According to TipRanks.com, Zimmerman is a 1-star analyst with an average return of -0.4% and a 40.0% success rate. Zimmerman covers the Healthcare sector, focusing on stocks such as GE Healthcare Technologies Inc, Shoulder Innovations, Inc., and Tactile Systems Technology. ;'>

Currently, the analyst consensus on Solventum Corporation is a Moderate Buy with an average price target of $91.50, which is a 44.4% upside from current levels. In a report issued on March 22, TipRanks – PerPlexity also upgraded the stock to Buy with a $73.00 price target.

Immunovant (IMVT)

LifeSci Capital analyst Sam Slutsky maintained a Buy rating on Immunovant today and set a price target of $42.00. The company’s shares closed last Thursday at $24.50.

According to TipRanks.com, Slutsky is a top 100 analyst with an average return of 40.2% and a 51.7% success rate. Slutsky covers the Healthcare sector, focusing on stocks such as DBV Technologies SA – American, ArriVent BioPharma, Inc., and Abivax SA Sponsored ADR. ;'>

Immunovant has an analyst consensus of Strong Buy, with a price target consensus of $39.73, which is a 67.2% upside from current levels. In a report issued on March 23, TipRanks – Google also upgraded the stock to Buy with a $26.00 price target.

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