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Analysts Offer Insights on Healthcare Companies: Bioventus (BVS), Stryker (SYK) and Codexis (CDXS)

Tipranks - Fri Mar 6, 10:30AM CST

There’s a lot to be optimistic about in the Healthcare sector as 3 analysts just weighed in on Bioventus (BVSResearch Report), Stryker (SYKResearch Report) and Codexis (CDXSResearch Report) with bullish sentiments.

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Bioventus (BVS)

Craig-Hallum analyst Chase Knickerbocker maintained a Buy rating on Bioventus today. The company’s shares closed last Thursday at $9.21.

According to TipRanks.com, Knickerbocker is a 5-star analyst with an average return of 32.1% and a 57.4% success rate. Knickerbocker covers the Healthcare sector, focusing on stocks such as Phathom Pharmaceuticals, Diamedica Therapeutics, and Fennec Pharmaceuticals. ;'>

Currently, the analyst consensus on Bioventus is a Strong Buy with an average price target of $14.00, which is a 55.6% upside from current levels. In a report released today, TipRanks – Google also upgraded the stock to Buy with a $9.50 price target.

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Stryker (SYK)

In a report released today, Travis Steed from Bank of America Securities maintained a Buy rating on Stryker. The company’s shares closed last Thursday at $372.63.

According to TipRanks.com, Steed is a 4-star analyst with an average return of 4.4% and a 55.0% success rate. Steed covers the Healthcare sector, focusing on stocks such as Kestra Medical Technologies Ltd., GE Healthcare Technologies Inc, and Bausch + Lomb Corporation. ;'>

The word on The Street in general, suggests a Strong Buy analyst consensus rating for Stryker with a $430.06 average price target, which is a 14.0% upside from current levels. In a report issued on February 20, William Blair also initiated coverage with a Buy rating on the stock.

Codexis (CDXS)

Craig-Hallum analyst Matt Hewitt maintained a Buy rating on Codexis today. The company’s shares closed last Thursday at $1.25.

According to TipRanks.com, Hewitt has currently 0 stars on a ranking scale of 0-5 stars, with an average return of -8.2% and a 35.2% success rate. Hewitt covers the Healthcare sector, focusing on stocks such as Maravai Lifesciences Holdings, Park Dental Partners, Inc., and Dyadic International. ;'>

The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Codexis.

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