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Analysts’ Opinions Are Mixed on These Healthcare Stocks: Xenon (XENE), Hims & Hers Health (HIMS) and Merck & Company (MRK)

Tipranks - Wed Feb 25, 5:56AM CST

Companies in the Healthcare sector have received a lot of coverage today as analysts weigh in on Xenon (XENEResearch Report), Hims & Hers Health (HIMSResearch Report) and Merck & Company (MRKResearch Report).

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Xenon (XENE)

Needham analyst Serge Belanger maintained a Buy rating on Xenon today and set a price target of $55.00. The company’s shares closed last Monday at $42.72.

According to TipRanks.com, Belanger is a 5-star analyst with an average return of 11.3% and a 48.8% success rate. Belanger covers the Healthcare sector, focusing on stocks such as MoonLake Immunotherapeutics, NewAmsterdam Pharma Company, and Amphastar Pharmaceuticals. ;'>

The word on The Street in general, suggests a Strong Buy analyst consensus rating for Xenon with a $55.63 average price target, a 32.3% upside from current levels. In a report released yesterday, Wolfe Research also initiated coverage with a Buy rating on the stock with a $60.00 price target.

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Hims & Hers Health (HIMS)

Canaccord Genuity analyst Maria Ripps maintained a Buy rating on Hims & Hers Health today and set a price target of $30.00. The company’s shares closed last Monday at $15.51, close to its 52-week low of $11.20.

According to TipRanks.com, Ripps is a 5-star analyst with an average return of 15.5% and a 42.0% success rate. Ripps covers the NA sector, focusing on stocks such as Zillow Group Class A, Alphabet Class A, and Meta Platforms. ;'>

Currently, the analyst consensus on Hims & Hers Health is a Hold with an average price target of $30.53, which is a 93.3% upside from current levels. In a report released today, TipRanks – Google also upgraded the stock to Buy with a $17.50 price target.

Merck & Company (MRK)

Citi analyst Geoff Meacham maintained a Hold rating on Merck & Company today. The company’s shares closed last Monday at $123.82.

According to TipRanks.com, Meacham is a 5-star analyst with an average return of 10.6% and a 60.2% success rate. Meacham covers the Healthcare sector, focusing on stocks such as NewAmsterdam Pharma Company, Amylyx Pharmaceuticals Inc, and Protagonist Therapeutics. ;'>

Merck & Company has an analyst consensus of Moderate Buy, with a price target consensus of $126.74.

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