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Wall Street Analysts Are Bullish on Top Healthcare Picks

Tipranks - Fri Jun 12, 4:44AM CDT

There’s a lot to be optimistic about in the Healthcare sector as 2 analysts just weighed in on Cullinan Management (CGEM) and Veeva Systems (VEEV) with bullish sentiments.

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Cullinan Management (CGEM)

In a report released yesterday, Marc Frahm from TD Cowen maintained a Buy rating on Cullinan Management. The company’s shares closed last Wednesday at $12.05.

According to TipRanks.com, Frahm is a 5-star analyst with an average return of 18.2% and a 49.5% success rate. Frahm covers the Healthcare sector, focusing on stocks such as Black Diamond Therapeutics, Acrivon Therapeutics, Inc., and Monte Rosa Therapeutics. ;'>

Cullinan Management has an analyst consensus of Strong Buy, with a price target consensus of $33.56, implying a 155.4% upside from current levels. In a report issued on June 7, BTIG also maintained a Buy rating on the stock with a $38.00 price target.

See the top stocks recommended by analysts >>

Veeva Systems (VEEV)

In a report released yesterday, Stan Berenshteyn from Wells Fargo maintained a Buy rating on Veeva Systems, with a price target of $320.00. The company’s shares closed last Wednesday at $163.76.

According to TipRanks.com, Berenshteyn is currently ranked with 0 stars on a 0-5 stars ranking scale, with an average return of -9.9% and a 43.6% success rate. Berenshteyn covers the Healthcare sector, focusing on stocks such as Hinge Health, Inc. Class A, Omada Health, Inc., and Health Catalyst. ;'>

The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Veeva Systems with a $236.68 average price target, which is a 41.7% upside from current levels. In a report issued on May 26, TipRanks – Google also upgraded the stock to Buy with a $179.00 price target.

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