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Wall Street Analysts Are Bullish on Top Healthcare Picks

Tipranks - Sat Jun 13, 7:56AM CDT

There’s a lot to be optimistic about in the Healthcare sector as 3 analysts just weighed in on Genmab (GMAB), HCA Healthcare (HCA) and Thermo Fisher (TMO) with bullish sentiments.

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Genmab (GMAB)

Truist Financial analyst Gregory Renza maintained a Buy rating on Genmab today. The company’s shares closed last Thursday at $25.24.

According to TipRanks.com, Renza is a 5-star analyst with an average return of 15.0% and a 46.2% success rate. Renza covers the Healthcare sector, focusing on stocks such as Ascentage Pharma Group International Unsponsored ADR, Perspective Therapeutics, and Abivax SA Sponsored ADR. ;'>

The word on The Street in general, suggests a Strong Buy analyst consensus rating for Genmab with a $35.07 average price target, which is a 40.5% upside from current levels. In a report issued on June 1, Wells Fargo also assigned a Buy rating to the stock with a $40.00 price target.

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HCA Healthcare (HCA)

In a report released yesterday, Scott Fidel from Goldman Sachs maintained a Buy rating on HCA Healthcare, with a price target of $558.00. The company’s shares closed last Thursday at $378.51.

According to TipRanks.com, Fidel is a 4-star analyst with an average return of 7.6% and a 64.3% success rate. Fidel covers the Healthcare sector, focusing on stocks such as Concentra Group Holdings Parent, Inc., BrightSpring Health Services, Inc., and Ardent Health Partners, Inc. ;'>

The word on The Street in general, suggests a Moderate Buy analyst consensus rating for HCA Healthcare with a $493.92 average price target, implying a 31.7% upside from current levels. In a report issued on May 31, TipRanks – PerPlexity also upgraded the stock to Buy with a $428.00 price target.

Thermo Fisher (TMO)

William Blair analyst Matt Larew reiterated a Buy rating on Thermo Fisher today. The company’s shares closed last Thursday at $475.66.

According to TipRanks.com, Larew is a 3-star analyst with an average return of 2.1% and a 48.8% success rate. Larew covers the Healthcare sector, focusing on stocks such as Maravai Lifesciences Holdings, West Pharmaceutical Services, and Ginkgo Bioworks Holdings. ;'>

Thermo Fisher has an analyst consensus of Strong Buy, with a price target consensus of $594.94, which is a 22.9% upside from current levels. In a report issued on June 1, Wolfe Research also initiated coverage with a Buy rating on the stock with a $535.00 price target.

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