Skip to main content
This section contains press releases and other materials from third parties (including paid content). The Globe and Mail has not reviewed this content. Please see disclaimer.

Analysts Have Conflicting Sentiments on These Healthcare Companies: Tenet Healthcare (THC) and Pacific Biosciences (PACB)

Tipranks - Tue Feb 17, 6:42AM CST

Analysts have been eager to weigh in on the Healthcare sector with new ratings on Tenet Healthcare (THCResearch Report) and Pacific Biosciences (PACBResearch Report).

President's Day Sale - 70% Off

Tenet Healthcare (THC)

Wells Fargo analyst Stephen Baxter maintained a Buy rating on Tenet Healthcare on February 13 and set a price target of $265.00. The company’s shares closed last Friday at $231.10.

According to TipRanks.com, Baxter is a 1-star analyst with an average return of -1.7% and a 41.9% success rate. Baxter covers the Healthcare sector, focusing on stocks such as Concentra Group Holdings Parent, Inc., BrightSpring Health Services, Inc., and Medline, Inc. Class A. ;'>

Currently, the analyst consensus on Tenet Healthcare is a Strong Buy with an average price target of $259.50, a 12.3% upside from current levels. In a report issued on February 13, TipRanks – xAI also upgraded the stock to Buy with a $255.00 price target.

See the top stocks recommended by analysts >>

Pacific Biosciences (PACB)

Guggenheim analyst Subbu Nambi maintained a Hold rating on Pacific Biosciences on February 12. The company’s shares closed last Friday at $1.71.

According to TipRanks.com, Nambi is a 5-star analyst with an average return of 25.9% and a 62.8% success rate. Nambi covers the Healthcare sector, focusing on stocks such as BillionToOne, Inc. Class A, Adaptive Biotechnologies, and Nautilus Biotechnolgy. ;'>

Pacific Biosciences has an analyst consensus of Moderate Buy, with a price target consensus of $2.50, which is a 32.3% upside from current levels. In a report issued on February 5, Piper Sandler also maintained a Hold rating on the stock with a $2.00 price target.

Disclaimer & DisclosureReport an Issue

This article contains syndicated content. We have not reviewed, approved, or endorsed the content, and may receive compensation for placement of the content on this site. For more information please view the Barchart Disclosure Policy here.