Analysts have been eager to weigh in on the Healthcare sector with new ratings on Intuitive Surgical (NASDAQ:ISRG) and Nevro (NYSE:NVRO).
Intuitive Surgical (ISRG)
In a report released today, Bob Hopkins from Merrill Lynch maintained a Buy rating on Intuitive Surgical, with a price target of $600. The company’s shares opened today at $516.47, close to its 52-week high of $532.30.
According to TipRanks.com, Hopkins is a 4-star analyst with an average return of 11.0% and a 69.4% success rate. Hopkins covers the Healthcare sector, focusing on stocks such as Cardiovascular Systems, Baxter International, and Globus Medical.
Currently, the analyst consensus on Intuitive Surgical is a Moderate Buy with an average price target of $465.71, implying a -9.8% downside from current levels. In a report issued on July 6, Cantor Fitzgerald also reiterated a Buy rating on the stock with a $510 price target.
.
See today’s analyst top recommended stocks >>
Nevro (NVRO)
Wells Fargo analyst Larry Biegelsen maintained a Hold rating on Nevro today and set a price target of $62. The company’s shares opened today at $58.50, close to its 52-week low of $54.87.
According to TipRanks.com, Biegelsen is a 5-star analyst with an average return of 16.8% and a 68.2% success rate. Biegelsen covers the Healthcare sector, focusing on stocks such as Boston Scientific Corp, Merit Medical Systems, and Stryker Corporation.
The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Nevro with a $84 average price target, representing a 43.6% upside. In a report issued on July 2, Morgan Stanley also downgraded the stock to Hold with a $88 price target.
.
TipRanks has tracked 36,000 company insiders and found that a few of them are better than others when it comes to timing their transactions. See which 3 stocks are most likely to make moves following their insider activities.
