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Analysts Offer Insights on Healthcare Companies: Teva Pharmaceutical (TEVA), Ionis Pharmaceuticals (IONS) and Rhythm Pharmaceuticals (RYTM)

Tipranks - Tue Jun 16, 6:52AM CDT

There’s a lot to be optimistic about in the Healthcare sector as 3 analysts just weighed in on Teva Pharmaceutical (TEVA), Ionis Pharmaceuticals (IONS) and Rhythm Pharmaceuticals (RYTM) with bullish sentiments.

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Teva Pharmaceutical (TEVA)

In a report released today, Chris Schott from J.P. Morgan maintained a Buy rating on Teva Pharmaceutical. The company’s shares closed last Friday at $34.63.

According to TipRanks.com, Schott is a 4-star analyst with an average return of 4.6% and a 56.2% success rate. Schott covers the Healthcare sector, focusing on stocks such as Elanco Animal Health, Johnson & Johnson, and Merck & Company. ;'>

The word on The Street in general, suggests a Strong Buy analyst consensus rating for Teva Pharmaceutical with a $42.38 average price target, implying a 21.7% upside from current levels. In a report issued on June 1, Piper Sandler also reiterated a Buy rating on the stock with a $42.00 price target.

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Ionis Pharmaceuticals (IONS)

In a report issued on June 12, Michael Ulz from Morgan Stanley reiterated a Buy rating on Ionis Pharmaceuticals, with a price target of $130.00. The company’s shares closed last Friday at $73.28.

According to TipRanks.com, Ulz is a 2-star analyst with an average return of 0.1% and a 41.4% success rate. Ulz covers the Healthcare sector, focusing on stocks such as Aardvark Therapeutics, Inc., Kyverna Therapeutics, Inc., and Arrowhead Pharmaceuticals. ;'>

Ionis Pharmaceuticals has an analyst consensus of Strong Buy, with a price target consensus of $107.06, representing a 45.0% upside. In a report issued on May 29, TipRanks – Google also upgraded the stock to Buy with a $85.00 price target.

Rhythm Pharmaceuticals (RYTM)

Bank of America Securities analyst Tazeen Ahmad maintained a Buy rating on Rhythm Pharmaceuticals today and set a price target of $149.00. The company’s shares closed last Friday at $88.38.

According to TipRanks.com, Ahmad is a 4-star analyst with an average return of 4.5% and a 56.0% success rate. Ahmad covers the Healthcare sector, focusing on stocks such as Aardvark Therapeutics, Inc., Ultragenyx Pharmaceutical, and Bicara Therapeutics Inc. ;'>

The word on The Street in general, suggests a Strong Buy analyst consensus rating for Rhythm Pharmaceuticals with a $138.43 average price target, a 57.9% upside from current levels. In a report released today, Needham also maintained a Buy rating on the stock with a $130.00 price target.

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