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Analysts Are Bullish on These Healthcare Stocks: Stryker (SYK), Solid Biosciences (SLDB)

Tipranks - Tipranks - Thu Apr 16, 5:58AM CDT

There’s a lot to be optimistic about in the Healthcare sector as 2 analysts just weighed in on Stryker (SYK) and Solid Biosciences (SLDB) with bullish sentiments.

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Stryker (SYK)

Citi analyst Joanne Wuensch maintained a Buy rating on Stryker today and set a price target of $385.00. The company’s shares closed last Tuesday at $345.88.

According to TipRanks.com, Wuensch is a 3-star analyst with an average return of 1.3% and a 50.4% success rate. Wuensch covers the Healthcare sector, focusing on stocks such as GE Healthcare Technologies Inc, Establishment Labs Holdings, and Bausch + Lomb Corporation. ;'>

Currently, the analyst consensus on Stryker is a Strong Buy with an average price target of $425.10, implying a 22.2% upside from current levels. In a report issued on April 13, Leerink Partners also initiated coverage with a Buy rating on the stock with a $410.00 price target.

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Solid Biosciences (SLDB)

In a report released today, Gil Blum from Needham maintained a Buy rating on Solid Biosciences, with a price target of $19.00. The company’s shares closed last Tuesday at $8.23.

According to TipRanks.com, Blum is a 4-star analyst with an average return of 9.1% and a 40.2% success rate. Blum covers the Healthcare sector, focusing on stocks such as Artiva Biotherapeutics, Inc., Recursion Pharmaceuticals, and Mereo Biopharma Group Plc. ;'>

The word on The Street in general, suggests a Strong Buy analyst consensus rating for Solid Biosciences with a $17.86 average price target.

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