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Wall Street Analysts Are Bullish on Top Healthcare Picks

Tipranks - Tue Feb 10, 7:46AM CST

There’s a lot to be optimistic about in the Healthcare sector as 2 analysts just weighed in on Waters (WATResearch Report) and Beam Therapeutics (BEAMResearch Report) with bullish sentiments.

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Waters (WAT)

In a report released today, Matt Larew from William Blair maintained a Buy rating on Waters. The company’s shares closed last Friday at $381.29.

According to TipRanks.com, Larew is a 1-star analyst with an average return of -3.1% and a 45.5% success rate. Larew covers the Healthcare sector, focusing on stocks such as West Pharmaceutical Services, Ginkgo Bioworks Holdings, and Option Care Health. ;'>

Currently, the analyst consensus on Waters is a Moderate Buy with an average price target of $437.25, representing a 15.9% upside. In a report issued on January 27, HSBC also initiated coverage with a Buy rating on the stock with a $460.00 price target.

See the top stocks recommended by analysts >>

Beam Therapeutics (BEAM)

In a report released today, Sami Corwin from William Blair maintained a Buy rating on Beam Therapeutics. The company’s shares closed last Friday at $26.52.

According to TipRanks.com, Corwin is a 5-star analyst with an average return of 13.0% and a 52.7% success rate. Corwin covers the Healthcare sector, focusing on stocks such as Kyverna Therapeutics, Inc., Ultragenyx Pharmaceutical, and BioMarin Pharmaceutical. ;'>

Currently, the analyst consensus on Beam Therapeutics is a Strong Buy with an average price target of $48.56.

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