Analysts have been eager to weigh in on the Healthcare sector with new ratings on Medtronic (MDT) and Teladoc (TDOC).
Medtronic (MDT)
Credit Suisse analyst Matt Miksic reiterated a Buy rating on Medtronic today and set a price target of $117.00. The company’s shares closed last Friday at $94.24.
According to TipRanks.com, Miksic is a 5-star analyst with an average return of 10.7% and a 67.0% success rate. Miksic covers the Healthcare sector, focusing on stocks such as Zimmer Biomet Holdings, Baxter International, and Edwards Lifesciences.
The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Medtronic with a $112.18 average price target, representing a 17.4% upside. In a report released today, Oppenheimer also maintained a Buy rating on the stock with a $112.00 price target.
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Teladoc (TDOC)
Credit Suisse analyst Jailendra Singh maintained a Hold rating on Teladoc today and set a price target of $165.00. The company’s shares closed last Friday at $174.03.
According to TipRanks.com, Singh is a 4-star analyst with an average return of 11.8% and a 78.6% success rate. Singh covers the Services sector, focusing on stocks such as AmerisourceBergen, Cardinal Health, and Owens & Minor.
Teladoc has an analyst consensus of Moderate Buy, with a price target consensus of $173.21, a -1.8% downside from current levels. In a report issued on May 13, SunTrust Robinson also maintained a Hold rating on the stock with a $200.00 price target.
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