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Wall Street Analysts Are Bullish on Top Healthcare Picks

Tipranks - Tue Jun 16, 9:09AM CDT

There’s a lot to be optimistic about in the Healthcare sector as 3 analysts just weighed in on Celldex (CLDX), Teva Pharmaceutical (TEVA) and Eli Lilly & Co (LLY) with bullish sentiments.

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Celldex (CLDX)

In a report released yesterday, Kristen Kluska from Cantor Fitzgerald maintained a Buy rating on Celldex, with a price target of $67.00. The company’s shares closed last Monday at $31.65.

According to TipRanks.com, Kluska is a 5-star analyst with an average return of 22.6% and a 47.6% success rate. Kluska covers the Healthcare sector, focusing on stocks such as DBV Technologies SA – American, Mereo Biopharma Group Plc, and Ultragenyx Pharmaceutical. ;'>

Celldex has an analyst consensus of Strong Buy, with a price target consensus of $49.33, which is a 57.7% upside from current levels. In a report issued on June 10, UBS also maintained a Buy rating on the stock with a $45.00 price target.

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Teva Pharmaceutical (TEVA)

In a report released today, Louise Chen from Scotiabank maintained a Buy rating on Teva Pharmaceutical, with a price target of $40.00. The company’s shares closed last Monday at $34.09.

According to TipRanks.com, Chen is a 4-star analyst with an average return of 3.3% and a 48.5% success rate. Chen covers the Healthcare sector, focusing on stocks such as Vertex Pharmaceuticals, Bristol-Myers Squibb, and Johnson & Johnson. ;'>

The word on The Street in general, suggests a Strong Buy analyst consensus rating for Teva Pharmaceutical with a $42.38 average price target, a 21.4% upside from current levels. In a report released today, J.P. Morgan also maintained a Buy rating on the stock.

Eli Lilly & Co (LLY)

In a report released yesterday, Evan Seigerman from BMO Capital maintained a Buy rating on Eli Lilly & Co, with a price target of $1300.00. The company’s shares closed last Monday at $1119.71.

According to TipRanks.com, Seigerman is a 4-star analyst with an average return of 6.7% and a 51.4% success rate. Seigerman covers the Healthcare sector, focusing on stocks such as Structure Therapeutics, Inc. Sponsored ADR, Vertex Pharmaceuticals, and ACADIA Pharmaceuticals. ;'>

Eli Lilly & Co has an analyst consensus of Strong Buy, with a price target consensus of $1266.21, implying an 11.7% upside from current levels. In a report issued on June 1, Barclays also maintained a Buy rating on the stock with a $1400.00 price target.

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