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Analysts Offer Insights on Healthcare Companies: TransMedics Group (TMDX), Stryker (SYK) and Genmab (GMAB)

Tipranks - Wed Apr 15, 6:29AM CDT

There’s a lot to be optimistic about in the Healthcare sector as 3 analysts just weighed in on TransMedics Group (TMDX), Stryker (SYK) and Genmab (GMAB) with bullish sentiments.

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TransMedics Group (TMDX)

Canaccord Genuity analyst William Plovanic maintained a Buy rating on TransMedics Group today and set a price target of $152.00. The company’s shares closed last Monday at $113.36.

According to TipRanks.com, Plovanic is a 3-star analyst with an average return of 1.1% and a 40.3% success rate. Plovanic covers the Healthcare sector, focusing on stocks such as TriSalus Life Sciences, Edwards Lifesciences, and Irhythm Technologies. ;'>

Currently, the analyst consensus on TransMedics Group is a Moderate Buy with an average price target of $155.10, which is a 38.1% upside from current levels. In a report issued on April 1, TD Cowen also maintained a Buy rating on the stock with a $190.00 price target.

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Stryker (SYK)

Canaccord Genuity analyst Caitlin Roberts reiterated a Buy rating on Stryker today and set a price target of $435.00. The company’s shares closed last Monday at $347.24.

According to TipRanks.com, Roberts is a 1-star analyst with an average return of -5.7% and a 22.0% success rate. Roberts covers the Healthcare sector, focusing on stocks such as Establishment Labs Holdings, Zimmer Biomet Holdings, and Smith & Nephew Snats. ;'>

Stryker has an analyst consensus of Strong Buy, with a price target consensus of $425.10, which is a 24.7% upside from current levels. In a report released yesterday, Leerink Partners also initiated coverage with a Buy rating on the stock with a $410.00 price target.

Genmab (GMAB)

In a report released today, Eva Fortea Verdejo from Wells Fargo maintained a Buy rating on Genmab, with a price target of $40.00. The company’s shares closed last Monday at $28.20.

According to TipRanks.com, Verdejo is a 5-star analyst with an average return of 36.6% and a 75.9% success rate. Verdejo covers the Healthcare sector, focusing on stocks such as Bicara Therapeutics Inc., Kiniksa Pharmaceuticals, and Revolution Medicines. ;'>

Currently, the analyst consensus on Genmab is a Strong Buy with an average price target of $38.44, which is a 36.7% upside from current levels. In a report issued on March 30, TipRanks – PerPlexity also reiterated a Buy rating on the stock with a $30.00 price target.

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