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Analysts Offer Insights on Healthcare Companies: BeiGene (BGNE) and Teladoc (TDOC)

Analysts have been eager to weigh in on the Healthcare sector with new ratings on BeiGene (BGNEResearch Report) and Teladoc (TDOCResearch Report).

BeiGene (BGNE)

J.P. Morgan analyst Jessica Fye maintained a Buy rating on BeiGene on November 26 and set a price target of $234.00. The company’s shares closed last Wednesday at $206.16.

According to TipRanks.com, Fye is a 4-star analyst with an average return of 7.0% and a 54.0% success rate. Fye covers the Healthcare sector, focusing on stocks such as Intra-Cellular Therapies, BioMarin Pharmaceutical, and Vertex Pharmaceuticals.

The word on The Street in general, suggests a Strong Buy analyst consensus rating for BeiGene with a $250.46 average price target, which is a 24.4% upside from current levels. In a report issued on November 12, Leerink Partners also maintained a Buy rating on the stock with a $290.00 price target.

See the top stocks recommended by analysts >>

Teladoc (TDOC)

J.P. Morgan analyst Lisa Gill maintained a Hold rating on Teladoc on November 26 and set a price target of $13.00. The company’s shares closed last Wednesday at $11.43.

According to TipRanks.com, Gill is a 5-star analyst with an average return of 9.8% and a 59.6% success rate. Gill covers the Healthcare sector, focusing on stocks such as Ardent Health Partners, Inc., Walgreens Boots Alliance, and Alignment Healthcare.

Currently, the analyst consensus on Teladoc is a Moderate Buy with an average price target of $11.16, implying a -3.9% downside from current levels. In a report issued on November 21, Deutsche Bank also maintained a Hold rating on the stock with a $12.00 price target.

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