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Analysts Conflicted on These Healthcare Names: Amedisys (AMED), Cytokinetics (CYTK) and Coherus Biosciences (CHRS)

Analysts have been eager to weigh in on the Healthcare sector with new ratings on Amedisys (AMEDResearch Report), Cytokinetics (CYTKResearch Report) and Coherus Biosciences (CHRSResearch Report).

Amedisys (AMED)

In a report released today, David S Macdonald from Truist Financial maintained a Hold rating on Amedisys, with a price target of $101.00. The company’s shares closed last Wednesday at $93.25, close to its 52-week high of $96.44.

According to TipRanks.com, Macdonald is a 5-star analyst with an average return of 13.0% and a 67.8% success rate. Macdonald covers the Healthcare sector, focusing on stocks such as Walgreens Boots Alliance, Pediatrix Medical Group, and Option Care Health.

Currently, the analyst consensus on Amedisys is a Hold with an average price target of $101.00, which is an 8.5% upside from current levels. In a report issued on March 4, Leerink Partners also maintained a Hold rating on the stock with a $101.00 price target.

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Cytokinetics (CYTK)

Truist Financial analyst Srikripa Devarakonda maintained a Buy rating on Cytokinetics today. The company’s shares closed last Wednesday at $64.63.

According to TipRanks.com, Devarakonda is a 5-star analyst with an average return of 27.8% and a 61.3% success rate. Devarakonda covers the Healthcare sector, focusing on stocks such as Arvinas Holding Company, Edgewise Therapeutics, and Kymera Therapeutics.

Cytokinetics has an analyst consensus of Strong Buy, with a price target consensus of $94.63, which is a 44.8% upside from current levels. In a report issued on February 28, Goldman Sachs also maintained a Buy rating on the stock with a $85.00 price target.

Coherus Biosciences (CHRS)

Truist Financial analyst Robyn Karnauskas reiterated a Buy rating on Coherus Biosciences today. The company’s shares closed last Wednesday at $2.30, close to its 52-week low of $1.43.

According to TipRanks.com, Karnauskas is a 4-star analyst with an average return of 7.6% and a 49.0% success rate. Karnauskas covers the Healthcare sector, focusing on stocks such as Vertex Pharmaceuticals, Bristol-Myers Squibb, and Merck & Company.

The word on The Street in general, suggests a Strong Buy analyst consensus rating for Coherus Biosciences with a $10.00 average price target, a 344.4% upside from current levels. In a report released today, H.C. Wainwright also reiterated a Buy rating on the stock with a $13.00 price target.

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