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Analysts Offer Insights on Healthcare Companies: Stevanato Group (STVN), Stryker (SYK) and Xencor (XNCR)

Tipranks - Fri Mar 6, 1:58AM CST

There’s a lot to be optimistic about in the Healthcare sector as 3 analysts just weighed in on Stevanato Group (STVNResearch Report), Stryker (SYKResearch Report) and Xencor (XNCRResearch Report) with bullish sentiments.

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Stevanato Group (STVN)

In a report released today, Paul Knight from KeyBanc assigned a Buy rating to Stevanato Group, with a price target of $32.00. The company’s shares closed last Wednesday at $17.50, close to its 52-week low of $16.56.

According to TipRanks.com, Knight is a 2-star analyst with an average return of 1.1% and a 39.8% success rate. Knight covers the Healthcare sector, focusing on stocks such as Lifecore Biomedical, Castle Biosciences, and Standard BioTools. ;'>

The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Stevanato Group with a $21.06 average price target, a 30.6% upside from current levels. In a report released yesterday, William Blair also maintained a Buy rating on the stock with a $14.73 price target.

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Stryker (SYK)

Citi analyst Joanne Wuensch reiterated a Buy rating on Stryker yesterday. The company’s shares closed last Wednesday at $381.89.

According to TipRanks.com, Wuensch is a 4-star analyst with an average return of 4.5% and a 57.8% success rate. Wuensch covers the Healthcare sector, focusing on stocks such as GE Healthcare Technologies Inc, Establishment Labs Holdings, and Bausch + Lomb Corporation. ;'>

The word on The Street in general, suggests a Strong Buy analyst consensus rating for Stryker with a $429.26 average price target, which is a 12.1% upside from current levels. In a report issued on February 20, William Blair also initiated coverage with a Buy rating on the stock.

Xencor (XNCR)

In a report released today, Etzer Darout from Barclays maintained a Buy rating on Xencor, with a price target of $27.00. The company’s shares closed last Wednesday at $12.74, close to its 52-week low of $10.90.

According to TipRanks.com, Darout is a 5-star analyst with an average return of 25.2% and a 55.6% success rate. Darout covers the Healthcare sector, focusing on stocks such as Protagonist Therapeutics, Monopar Therapeutics Inc, and Abivax SA Sponsored ADR. ;'>

The word on The Street in general, suggests a Strong Buy analyst consensus rating for Xencor with a $26.72 average price target, which is an 118.1% upside from current levels. In a report issued on February 25, TD Cowen also maintained a Buy rating on the stock.

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