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Analysts Are Bullish on These Healthcare Stocks: Viking Therapeutics (VKTX), Xencor (XNCR)

Tipranks - Fri Mar 6, 7:34AM CST

There’s a lot to be optimistic about in the Healthcare sector as 3 analysts just weighed in on Viking Therapeutics (VKTXResearch Report), Xencor (XNCRResearch Report) and Veeva Systems (VEEVResearch Report) with bullish sentiments.

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Viking Therapeutics (VKTX)

In a report released today, Joon Lee from Truist Financial maintained a Buy rating on Viking Therapeutics. The company’s shares closed last Wednesday at $32.14, close to its 52-week low of $24.41.

According to TipRanks.com, Lee is a top 100 analyst with an average return of 34.0% and a 56.3% success rate. Lee covers the Healthcare sector, focusing on stocks such as Praxis Precision Medicines, Ultragenyx Pharmaceutical, and BioMarin Pharmaceutical. ;'>

The word on The Street in general, suggests a Strong Buy analyst consensus rating for Viking Therapeutics with a $93.00 average price target, a 189.5% upside from current levels. In a report issued on February 25, BTIG also maintained a Buy rating on the stock with a $125.00 price target.

See the top stocks recommended by analysts >>

Xencor (XNCR)

Truist Financial analyst Gregory Renza maintained a Buy rating on Xencor today. The company’s shares closed last Wednesday at $12.74, close to its 52-week low of $10.90.

According to TipRanks.com, Renza is a 5-star analyst with an average return of 17.8% and a 47.1% success rate. Renza covers the Healthcare sector, focusing on stocks such as Perspective Therapeutics, Abivax SA Sponsored ADR, and Viridian Therapeutics. ;'>

Currently, the analyst consensus on Xencor is a Strong Buy with an average price target of $26.39, representing an 115.4% upside. In a report issued on February 25, TD Cowen also maintained a Buy rating on the stock.

Veeva Systems (VEEV)

Oppenheimer analyst Kenneth Wong reiterated a Buy rating on Veeva Systems today and set a price target of $275.00. The company’s shares closed last Wednesday at $188.48.

According to TipRanks.com, Wong is a 4-star analyst with an average return of 7.7% and a 52.4% success rate. Wong covers the Technology sector, focusing on stocks such as Procore Technologies, Roper Technologies, and Tyler Technologies. ;'>

Currently, the analyst consensus on Veeva Systems is a Moderate Buy with an average price target of $266.37, which is a 42.8% 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.

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