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Analysts’ Opinions Are Mixed on These Healthcare Stocks: Bio-Techne (TECH), Concentra Group Holdings Parent, Inc. (CON) and Palvella Therapeutics (PVLA)

Tipranks - Thu Jul 2, 4:54AM CDT

Companies in the Healthcare sector have received a lot of coverage today as analysts weigh in on Bio-Techne (TECH), Concentra Group Holdings Parent, Inc. (CON) and Palvella Therapeutics (PVLA).

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Bio-Techne (TECH)

TD Cowen analyst Kyle Boucher downgraded Bio-Techne to Hold yesterday and set a price target of $73.00. The company’s shares closed last Tuesday at $70.65.

According to TipRanks.com, Boucher is a 4-star analyst with an average return of 23.4% and a 90.9% success rate. Boucher covers the Healthcare sector, focusing on stocks such as Standard BioTools, Myriad Genetics, and Bruker. ;'>

Bio-Techne has an analyst consensus of Hold, with a price target consensus of $66.09, which is a -6.7% downside from current levels. In a report issued on June 25, Leerink Partners also downgraded the stock to Hold with a $73.00 price target.

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Concentra Group Holdings Parent, Inc. (CON)

Concentra Group Holdings Parent, Inc. received a Buy rating from William Blair analyst Jared Haase today. The company’s shares closed last Tuesday at $29.75.

According to TipRanks.com, Haase is a 4-star analyst with an average return of 17.8% and a 69.6% success rate. Haase covers the Healthcare sector, focusing on stocks such as BrightSpring Health Services, Inc., Aveanna Healthcare Holdings, and Definitive Healthcare Corp. ;'>

Currently, the analyst consensus on Concentra Group Holdings Parent, Inc. is a Strong Buy with an average price target of $32.00, which is an 8.8% upside from current levels. In a report issued on June 16, TipRanks – PerPlexity also reiterated a Buy rating on the stock with a $33.00 price target.

Palvella Therapeutics (PVLA)

Mizuho Securities analyst Graig Suvannavejh reiterated a Buy rating on Palvella Therapeutics today and set a price target of $240.00. The company’s shares closed last Tuesday at $152.82.

According to TipRanks.com, Suvannavejh is a 5-star analyst with an average return of 21.5% and a 50.4% success rate. Suvannavejh covers the Healthcare sector, focusing on stocks such as Harmony Biosciences Holdings, Amylyx Pharmaceuticals Inc, and Neumora Therapeutics, Inc. ;'>

The word on The Street in general, suggests a Strong Buy analyst consensus rating for Palvella Therapeutics with a $235.40 average price target, representing a 52.7% upside. In a report issued on June 22, Craig-Hallum also reiterated a Buy rating on the stock with a $205.00 price target.

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