Companies in the Healthcare sector have received a lot of coverage today as analysts weigh in on Tenet Healthcare (THC), Incyte (INCY) and KalVista Pharmaceuticals (KALV).
Tenet Healthcare (THC)
Raymond James analyst John Ransom maintained a Buy rating on Tenet Healthcare yesterday. The company’s shares closed last Tuesday at $51.60, close to its 52-week high of $52.59.
According to TipRanks.com, Ransom is a 5-star analyst with an average return of 15.6% and a 65.0% success rate. Ransom covers the Healthcare sector, focusing on stocks such as Oak Street Health, Acadia Healthcare, and AmerisourceBergen.
Currently, the analyst consensus on Tenet Healthcare is a Strong Buy with an average price target of $52.50.
See today’s analyst top recommended stocks >>
Incyte (INCY)
In a report released today, Andrew Berens from Leerink Partners downgraded Incyte to Sell, with a price target of $70.00. The company’s shares closed last Tuesday at $89.46.
According to TipRanks.com, Berens is a 4-star analyst with an average return of 14.3% and a 65.9% success rate. Berens covers the Healthcare sector, focusing on stocks such as Forma Therapeutics Holdings, Turning Point Therapeutics, and Deciphera Pharmaceuticals.
Currently, the analyst consensus on Incyte is a Moderate Buy with an average price target of $96.17.
KalVista Pharmaceuticals (KALV)
In a report released today, Joseph Schwartz from Leerink Partners maintained a Buy rating on KalVista Pharmaceuticals, with a price target of $51.00. The company’s shares closed last Tuesday at $33.50.
According to TipRanks.com, Schwartz is a 5-star analyst with an average return of 20.9% and a 53.4% success rate. Schwartz covers the Healthcare sector, focusing on stocks such as Aurinia Pharmaceuticals, Millendo Therapeutics, and Sarepta Therapeutics.
KalVista Pharmaceuticals has an analyst consensus of Strong Buy, with a price target consensus of $43.67, which is a 7.7% upside from current levels. In a report issued on January 26, Needham also maintained a Buy rating on the stock with a $32.00 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.