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Wall Street Analysts Are Bullish on Top Healthcare Picks

There’s a lot to be optimistic about in the Healthcare sector as 3 analysts just weighed in on ClearPoint Neuro (CLPTResearch Report), Legend Biotech (LEGNResearch Report) and Regeneron (REGNResearch Report) with bullish sentiments.

ClearPoint Neuro (CLPT)

In a report released today, Frank Takkinen from Lake Street reiterated a Buy rating on ClearPoint Neuro. The company’s shares closed last Tuesday at $5.58.

According to TipRanks.com, Takkinen is a 4-star analyst with an average return of 4.4% and a 41.4% success rate. Takkinen covers the Healthcare sector, focusing on stocks such as Inspire Medical Systems, Silk Road Medical, and REPRO-MED Systems.

The word on The Street in general, suggests a Strong Buy analyst consensus rating for ClearPoint Neuro with a $9.50 average price target.

See the top stocks recommended by analysts >>

Legend Biotech (LEGN)

Jefferies analyst Kelly Shi maintained a Buy rating on Legend Biotech today and set a price target of $93.00. The company’s shares closed last Tuesday at $50.12.

According to TipRanks.com, Shi is a 1-star analyst with an average return of -4.8% and a 32.8% success rate. Shi covers the Healthcare sector, focusing on stocks such as 4D Molecular Therapeutics, Centessa Pharmaceuticals, and Cogent Biosciences.

Currently, the analyst consensus on Legend Biotech is a Strong Buy with an average price target of $86.58, a 73.2% upside from current levels. In a report issued on April 3, Cantor Fitzgerald also initiated coverage with a Buy rating on the stock with a $82.00 price target.

Regeneron (REGN)

In a report released today, Akash Tewari from Jefferies maintained a Buy rating on Regeneron, with a price target of $1060.00. The company’s shares closed last Tuesday at $894.14.

According to TipRanks.com, Tewari is a 5-star analyst with an average return of 17.4% and a 54.4% success rate. Tewari covers the Healthcare sector, focusing on stocks such as Madrigal Pharmaceuticals, Apellis Pharmaceuticals, and BioMarin Pharmaceutical.

The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Regeneron with a $1037.84 average price target, representing a 15.7% upside. In a report issued on April 4, RBC Capital also maintained a Buy rating on the stock with a $1189.00 price target.

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