Analysts have been eager to weigh in on the Healthcare sector with new ratings on Pacira Pharmaceuticals (PCRX), Globus Medical (GMED) and Varex Imaging (VREX).
Pacira Pharmaceuticals (PCRX)
In a report released today, Tim Chiang from Northland Securities maintained a Hold rating on Pacira Pharmaceuticals, with a price target of $66.00. The company’s shares closed last Tuesday at $61.71.
According to TipRanks.com, Chiang is a 1-star analyst with an average return of 0.0% and a 45.9% success rate. Chiang covers the Healthcare sector, focusing on stocks such as Amphastar Pharmaceuticals, Verrica Pharmaceuticals, and Kala Pharmaceuticals.
Pacira Pharmaceuticals has an analyst consensus of Moderate Buy, with a price target consensus of $82.25, representing a 35.6% upside. In a report issued on April 21, J.P. Morgan also initiated coverage with a Hold rating on the stock with a $70.00 price target.
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Globus Medical (GMED)
Northland Securities analyst Jason Wittes maintained a Buy rating on Globus Medical today and set a price target of $80.00. The company’s shares closed last Tuesday at $69.64, close to its 52-week high of $73.05.
According to TipRanks.com, Wittes is a 4-star analyst with an average return of 15.0% and a 61.4% success rate. Wittes covers the Healthcare sector, focusing on stocks such as Zimmer Biomet Holdings, Alphatec Holdings, and Stereotaxis.
The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Globus Medical with a $76.22 average price target, which is a 7.4% upside from current levels. In a report released yesterday, BTIG also maintained a Buy rating on the stock with a $81.00 price target.
Varex Imaging (VREX)
In a report released today, Suraj Kalia from Oppenheimer maintained a Buy rating on Varex Imaging, with a price target of $42.00. The company’s shares closed last Tuesday at $23.98, close to its 52-week high of $26.43.
According to TipRanks.com, Kalia is a 4-star analyst with an average return of 8.3% and a 55.4% success rate. Kalia covers the Healthcare sector, focusing on stocks such as Tactile Systems Technology, Inspire Medical Systems, and Cardiovascular Systems.
The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Varex Imaging with a $42.00 average price target.
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