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Analysts Offer Insights on Healthcare Companies: Relay Therapeutics (RLAY), Stryker (SYK) and Elutia (ELUT)

Tipranks - Fri Mar 13, 8:18AM CDT

There’s a lot to be optimistic about in the Healthcare sector as 3 analysts just weighed in on Relay Therapeutics (RLAYResearch Report), Stryker (SYKResearch Report) and Elutia (ELUTResearch Report) with bullish sentiments.

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Relay Therapeutics (RLAY)

Bank of America Securities analyst Chi Meng Fong maintained a Buy rating on Relay Therapeutics today. The company’s shares closed last Wednesday at $10.80.

According to TipRanks.com, Fong is ranked #11344 out of 12127 analysts.

The word on The Street in general, suggests a Strong Buy analyst consensus rating for Relay Therapeutics with a $15.33 average price target, implying a 44.6% upside from current levels. In a report issued on February 28, TipRanks – Google also upgraded the stock to Buy with a $11.50 price target.

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Stryker (SYK)

Bank of America Securities analyst Travis Steed maintained a Buy rating on Stryker today. The company’s shares closed last Wednesday at $345.78.

According to TipRanks.com, Steed is a 4-star analyst with an average return of 3.2% and a 50.2% 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 $429.50 average price target, representing a 19.8% upside. In a report issued on March 5, William Blair also maintained a Buy rating on the stock.

Elutia (ELUT)

Lake Street analyst Frank Takkinen reiterated a Buy rating on Elutia today and set a price target of $5.00. The company’s shares closed last Wednesday at $1.09.

According to TipRanks.com, Takkinen is a 1-star analyst with an average return of -1.9% and a 38.3% success rate. Takkinen covers the Healthcare sector, focusing on stocks such as Anteris Technologies Global Corp., Adagio Medical Holdings, and TriSalus Life Sciences. ;'>

The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Elutia with a $5.00 average price target.

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