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Analysts Offer Insights on Healthcare Companies: Resmed (RMD), Waters (WAT) and Teva Pharmaceutical (TEVA)

Tipranks - Sat Jan 31, 3:28AM CST

There’s a lot to be optimistic about in the Healthcare sector as 3 analysts just weighed in on Resmed (RMDResearch Report), Waters (WATResearch Report) and Teva Pharmaceutical (TEVAResearch Report) with bullish sentiments.

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Resmed (RMD)

In a report released today, Brett Fishbin from KeyBanc maintained a Buy rating on Resmed, with a price target of $302.00. The company’s shares closed last Thursday at $257.61, close to its 52-week high of $263.05.

According to TipRanks.com, Fishbin is a 1-star analyst with an average return of -5.3% and a 50.0% success rate. Fishbin covers the Healthcare sector, focusing on stocks such as Inspire Medical Systems, Solventum Corporation, and Lemaitre Vascular. ;'>

The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Resmed with a $296.44 average price target, implying a 15.3% upside from current levels. In a report released today, TipRanks – xAI also upgraded the stock to Buy with a $287.00 price target.

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Waters (WAT)

In a report released yesterday, Subbu Nambi from Guggenheim maintained a Buy rating on Waters, with a price target of $440.00. The company’s shares closed last Thursday at $375.18.

According to TipRanks.com, Nambi is a 5-star analyst with an average return of 37.1% and a 75.3% success rate. Nambi covers the Healthcare sector, focusing on stocks such as BillionToOne, Inc. Class A, Adaptive Biotechnologies, and Nautilus Biotechnolgy. ;'>

Currently, the analyst consensus on Waters is a Moderate Buy with an average price target of $423.80, a 10.9% upside from current levels. In a report issued on January 27, HSBC also initiated coverage with a Buy rating on the stock with a $460.00 price target.

Teva Pharmaceutical (TEVA)

In a report released yesterday, Glen Santangelo from Barclays maintained a Buy rating on Teva Pharmaceutical, with a price target of $38.00. The company’s shares closed last Thursday at $33.07.

According to TipRanks.com, Santangelo is a 4-star analyst with an average return of 6.1% and a 53.1% success rate. Santangelo covers the Healthcare sector, focusing on stocks such as Definitive Healthcare Corp, Amphastar Pharmaceuticals, and Bausch Health Companies. ;'>

Currently, the analyst consensus on Teva Pharmaceutical is a Strong Buy with an average price target of $38.00, a 14.3% upside from current levels. In a report issued on January 16, Bank of America Securities also maintained a Buy rating on the stock with a $36.00 price target.

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