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Analysts Offer Insights on Healthcare Companies: Elevance Health (ELV), Veeva Systems (VEEV) and Janux Therapeutics Inc (JANX)

Tipranks - Fri Mar 6, 4:22AM CST

There’s a lot to be optimistic about in the Healthcare sector as 3 analysts just weighed in on Elevance Health (ELVResearch Report), Veeva Systems (VEEVResearch Report) and Janux Therapeutics Inc (JANXResearch Report) with bullish sentiments.

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Elevance Health (ELV)

In a report issued on March 3, Stephen Baxter from Wells Fargo maintained a Buy rating on Elevance Health, with a price target of $391.00. The company’s shares closed last Wednesday at $291.45.

According to TipRanks.com, Baxter is a 1-star analyst with an average return of -0.9% and a 45.0% success rate. Baxter covers the Healthcare sector, focusing on stocks such as Concentra Group Holdings Parent, Inc., BrightSpring Health Services, Inc., and Molina Healthcare. ;'>

Currently, the analyst consensus on Elevance Health is a Moderate Buy with an average price target of $389.07, representing a 36.8% upside. In a report issued on March 3, Barclays also maintained a Buy rating on the stock with a $393.00 price target.

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Veeva Systems (VEEV)

In a report released today, Ryan MacDonald from Needham reiterated a Buy rating on Veeva Systems, with a price target of $270.00. The company’s shares closed last Wednesday at $188.48.

According to TipRanks.com, MacDonald has 0 stars on 0-5 stars ranking scale with an average return of -9.9% and a 36.1% success rate. MacDonald covers the Technology sector, focusing on stocks such as ODDITY Tech Ltd. Class A, Waystar Holding Corp., and Duolingo. ;'>

Currently, the analyst consensus on Veeva Systems is a Moderate Buy with an average price target of $257.36, implying a 38.0% upside from current levels. In a report issued on February 19, TipRanks – xAI also upgraded the stock to Buy with a $200.00 price target.

Janux Therapeutics Inc (JANX)

In a report issued on March 3, Karina Rabayeva from Truist Financial reiterated a Buy rating on Janux Therapeutics Inc, with a price target of $80.00. The company’s shares closed last Wednesday at $14.35.

According to TipRanks.com, Rabayeva is ranked #11008 out of 12134 analysts.

Currently, the analyst consensus on Janux Therapeutics Inc is a Strong Buy with an average price target of $54.00, implying a 299.4% upside from current levels. In a report issued on February 17, William Blair also maintained a Buy rating on the stock.

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