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Analysts Offer Insights on Healthcare Companies: Teva Pharmaceutical (TEVA) and Revolution Medicines (RVMD)

Tipranks - Tue Jun 23, 6:26AM CDT

There’s a lot to be optimistic about in the Healthcare sector as 2 analysts just weighed in on Teva Pharmaceutical (TEVA) and Revolution Medicines (RVMD) with bullish sentiments.

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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 Thursday at $31.48.

According to TipRanks.com, Chen is a 4-star analyst with an average return of 3.4% and a 46.9% success rate. Chen covers the Healthcare sector, focusing on stocks such as Vertex Pharmaceuticals, Bristol-Myers Squibb, and Johnson & Johnson. ;'>

Teva Pharmaceutical has an analyst consensus of Strong Buy, with a price target consensus of $42.38, implying a 30.9% upside from current levels. In a report issued on June 15, J.P. Morgan also maintained a Buy rating on the stock.

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Revolution Medicines (RVMD)

RBC Capital analyst Leonid Timashev maintained a Buy rating on Revolution Medicines today and set a price target of $182.00. The company’s shares closed last Thursday at $162.99.

According to TipRanks.com, Timashev is a 5-star analyst with an average return of 20.5% and a 56.9% success rate. Timashev covers the Healthcare sector, focusing on stocks such as NewAmsterdam Pharma Company, Praxis Precision Medicines, and Perspective Therapeutics. ;'>

Currently, the analyst consensus on Revolution Medicines is a Strong Buy with an average price target of $182.78, which is a 13.8% upside from current levels. In a report issued on June 16, TipRanks – PerPlexity also upgraded the stock to Buy with a $177.00 price target.

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