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

Companies in the Healthcare sector have received a lot of coverage today as analysts weigh in on BeiGene (BGNEResearch Report), Alcon (ALCResearch Report) and Teladoc (TDOCResearch Report).

BeiGene (BGNE)

Bank of America Securities analyst David Li reiterated a Hold rating on BeiGene today and set a price target of $164.30. The company’s shares closed last Friday at $150.03, close to its 52-week low of $132.95.

Li has an average return of 6.3% when recommending BeiGene.

According to TipRanks.com, Li is ranked #8624 out of 8789 analysts.

Currently, the analyst consensus on BeiGene is a Strong Buy with an average price target of $252.11, which is a 68.6% upside from current levels. In a report issued on March 27, Bernstein also assigned a Hold rating to the stock with a $161.00 price target.

See today’s best-performing stocks on TipRanks >>

Alcon (ALC)

In a report released today, Julien Ouaddour from Bank of America Securities reiterated a Hold rating on Alcon, with a price target of CHF80.00. The company’s shares closed last Friday at $84.80.

According to TipRanks.com, Ouaddour is ranked #2532 out of 8789 analysts.

Alcon has an analyst consensus of Moderate Buy, with a price target consensus of $92.08.

Teladoc (TDOC)

In a report released today, Stephanie Davis from Barclays assigned a Buy rating to Teladoc, with a price target of $25.00. The company’s shares closed last Friday at $14.49, close to its 52-week low of $13.59.

According to TipRanks.com, Davis ‘ ranking currently consits of 0 on a 0-5 ranking scale, with an average return of -6.6% and a 40.6% success rate. Davis covers the Healthcare sector, focusing on stocks such as Walgreens Boots Alliance, Lifestance Health Group, and Quest Diagnostics.

The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Teladoc with a $20.56 average price target.

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