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Analysts’ Opinions Are Mixed on These Healthcare Stocks: Vertex Pharmaceuticals (VRTX) and 10x Genomics (TXG)

Tipranks - Sun Feb 15, 12:18PM CST

Analysts have been eager to weigh in on the Healthcare sector with new ratings on Vertex Pharmaceuticals (VRTXResearch Report) and 10x Genomics (TXGResearch Report).

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Vertex Pharmaceuticals (VRTX)

Maxim Group analyst Naz Rahman maintained a Hold rating on Vertex Pharmaceuticals yesterday. The company’s shares closed last Friday at $491.47.

According to TipRanks.com, Rahman is currently ranked with 0 stars on a 0-5 stars ranking scale, with an average return of -13.4% and a 31.3% success rate. Rahman covers the Healthcare sector, focusing on stocks such as Processa Pharmaceuticals, Galmed Pharmaceuticals, and Silexion Therapeutics. ;'>

Currently, the analyst consensus on Vertex Pharmaceuticals is a Strong Buy with an average price target of $548.63, implying a 16.3% upside from current levels. In a report released today, TipRanks – Anthropic also downgraded the stock to Hold with a $507.00 price target.

See today’s best-performing stocks on TipRanks >>

10x Genomics (TXG)

In a report released yesterday, Tycho Peterson from Jefferies reiterated a Buy rating on 10x Genomics, with a price target of $21.00. The company’s shares closed last Friday at $18.12.

According to TipRanks.com, Peterson is a 4-star analyst with an average return of 8.9% and a 57.2% success rate. Peterson covers the Healthcare sector, focusing on stocks such as BillionToOne, Inc. Class A, Quest Diagnostics, and Sera Prognostics. ;'>

The word on The Street in general, suggests a Moderate Buy analyst consensus rating for 10x Genomics with a $19.64 average price target, which is a 2.1% upside from current levels. In a report released yesterday, Barclays also maintained a Buy rating on the stock with a $22.00 price target.

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