Analysts have been eager to weigh in on the Healthcare sector with new ratings on Insulet (PODD – Research Report), Resmed (RMD – Research Report) and Merck & Company (MRK – Research Report).
Insulet (PODD)
J.P. Morgan analyst Robbie Marcus maintained a Buy rating on Insulet yesterday and set a price target of $300.00. The company’s shares closed last Friday at $255.55.
According to TipRanks.com, Marcus is a 4-star analyst with an average return of
The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Insulet with a $275.92 average price target, a 13.1% upside from current levels. In a report issued on October 18, Canaccord Genuity also maintained a Buy rating on the stock with a $290.00 price target.
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Resmed (RMD)
J.P. Morgan analyst David Low maintained a Hold rating on Resmed on October 28 and set a price target of $245.00. The company’s shares closed last Friday at $218.73.
According to TipRanks.com, Low is a 2-star analyst with an average return of
The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Resmed with a $250.86 average price target, implying a 16.6% upside from current levels. In a report issued on October 28, Citigroup also downgraded the stock to Hold.
Merck & Company (MRK)
In a report issued on October 27, Chris Schott from J.P. Morgan maintained a Buy rating on Merck & Company, with a price target of $115.00. The company’s shares closed last Friday at $100.77, close to its 52-week high of $101.50.
According to TipRanks.com, Schott is a 2-star analyst with an average return of
Merck & Company has an analyst consensus of Strong Buy, with a price target consensus of $107.62, representing a 7.4% upside. In a report issued on October 27, Cantor Fitzgerald also reiterated a Buy rating on the stock with a $120.00 price target.
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