Analysts’ Opinions Are Mixed on These Healthcare Stocks: Pacira Pharmaceuticals (PCRX) and AbbVie (ABBV)


Companies in the Healthcare sector have received a lot of coverage today as analysts weigh in on Pacira Pharmaceuticals (PCRX) and AbbVie (ABBV).

Pacira Pharmaceuticals (PCRX)

Wedbush analyst Liana Moussatos reiterated a Buy rating on Pacira Pharmaceuticals yesterday and set a price target of $93.00. The company’s shares closed last Tuesday at $61.71.

According to TipRanks.com, Moussatos is a 4-star analyst with an average return of 10.4% and a 43.6% success rate. Moussatos covers the Healthcare sector, focusing on stocks such as Global Blood Therapeutics, Eiger Biopharmaceuticals, and BioMarin Pharmaceutical.

Pacira Pharmaceuticals has an analyst consensus of Moderate Buy, with a price target consensus of $83.00, representing a 36.9% upside. In a report released yesterday, Needham also maintained a Buy rating on the stock with a $85.00 price target.

See today’s analyst top recommended stocks >>

AbbVie (ABBV)

Barclays analyst Carter Gould maintained a Hold rating on AbbVie on May 3 and set a price target of $105.00. The company’s shares closed last Tuesday at $113.90, close to its 52-week high of $115.10.

According to TipRanks.com, Gould is a 2-star analyst with an average return of 2.4% and a 45.1% success rate. Gould covers the Healthcare sector, focusing on stocks such as Reata Pharmaceuticals, Travere Therapeutics, and Molecular Templates.

Currently, the analyst consensus on AbbVie is a Strong Buy with an average price target of $126.00.

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.

Read More on ABBV:

Stay Ahead of Everyone Else

Get The Latest Stock News Alerts