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Analysts Offer Insights on Healthcare Companies: Amgen (AMGN), Phathom Pharmaceuticals (PHAT) and Zimmer Biomet Holdings (ZBH)

Tipranks - Sat May 2, 5:48AM CDT

Companies in the Healthcare sector have received a lot of coverage today as analysts weigh in on Amgen (AMGN), Phathom Pharmaceuticals (PHAT) and Zimmer Biomet Holdings (ZBH).

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Amgen (AMGN)

In a report released today, Geoff Meacham from Citi maintained a Hold rating on Amgen, with a price target of $345.00. The company’s shares closed last Thursday at $346.25, close to its 52-week high of $346.85.

According to TipRanks.com, Meacham is a 5-star analyst with an average return of 9.4% and a 56.2% success rate. Meacham covers the Healthcare sector, focusing on stocks such as Amylyx Pharmaceuticals Inc, Protagonist Therapeutics, and Kiniksa Pharmaceuticals. ;'>

Currently, the analyst consensus on Amgen is a Moderate Buy with an average price target of $364.35, implying a 6.9% upside from current levels. In a report issued on April 20, Canaccord Genuity also initiated coverage with a Hold rating on the stock with a $366.00 price target.

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Phathom Pharmaceuticals (PHAT)

In a report released today, Matthew Caufield from H.C. Wainwright reiterated a Buy rating on Phathom Pharmaceuticals, with a price target of $26.00. The company’s shares closed last Thursday at $11.20.

According to TipRanks.com, Caufield is a 4-star analyst with an average return of 12.1% and a 42.4% success rate. Caufield covers the Healthcare sector, focusing on stocks such as Mineralys Therapeutics, Inc., 4D Molecular Therapeutics, and Tarsus Pharmaceuticals. ;'>

The word on The Street in general, suggests a Strong Buy analyst consensus rating for Phathom Pharmaceuticals with a $24.25 average price target, representing an 111.6% upside. In a report issued on April 28, Craig-Hallum also maintained a Buy rating on the stock.

Zimmer Biomet Holdings (ZBH)

In a report released today, Travis Steed from Bank of America Securities maintained a Hold rating on Zimmer Biomet Holdings, with a price target of $100.00. The company’s shares closed last Thursday at $82.43.

According to TipRanks.com, Steed is a 2-star analyst with an average return of 0.2% and a 47.3% success rate. Steed covers the Healthcare sector, focusing on stocks such as Kestra Medical Technologies Ltd., Bausch + Lomb Corporation, and Solventum Corporation. ;'>

The word on The Street in general, suggests a Hold analyst consensus rating for Zimmer Biomet Holdings with a $96.19 average price target, implying a 19.2% upside from current levels. In a report issued on April 24, Canaccord Genuity also maintained a Hold rating on the stock with a $93.00 price target.

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