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Analysts Offer Insights on Healthcare Companies: AstraZeneca (AZN) and BioMarin Pharmaceutical (BMRN)

There’s a lot to be optimistic about in the Healthcare sector as 2 analysts just weighed in on AstraZeneca (AZNResearch Report) and BioMarin Pharmaceutical (BMRNResearch Report) with bullish sentiments.

AstraZeneca (AZN)

In a report released yesterday, Etzer Darout from BMO Capital maintained a Buy rating on AstraZeneca, with a price target of $80.00. The company’s shares closed last Thursday at $75.03, close to its 52-week high of $76.56.

According to TipRanks.com, Darout is a 5-star analyst with an average return of 37.3% and a 53.8% success rate. Darout covers the Healthcare sector, focusing on stocks such as Acrivon Therapeutics, Inc., Arvinas Holding Company, and Terns Pharmaceuticals.

The word on The Street in general, suggests a Strong Buy analyst consensus rating for AstraZeneca with a $80.36 average price target, a 7.2% upside from current levels. In a report issued on April 22, Morgan Stanley also maintained a Buy rating on the stock with a $84.00 price target.

See the top stocks recommended by analysts >>

BioMarin Pharmaceutical (BMRN)

In a report released yesterday, Kostas Biliouris from BMO Capital maintained a Buy rating on BioMarin Pharmaceutical, with a price target of $115.00. The company’s shares closed last Thursday at $82.17.

According to TipRanks.com, Biliouris is a 1-star analyst with an average return of -4.9% and a 36.2% success rate. Biliouris covers the Healthcare sector, focusing on stocks such as 4D Molecular Therapeutics, Centessa Pharmaceuticals, and Crispr Therapeutics AG.

BioMarin Pharmaceutical has an analyst consensus of Moderate Buy, with a price target consensus of $111.48, which is a 29.2% upside from current levels. In a report issued on April 15, Truist Financial also initiated coverage with a Buy rating on the stock with a $140.00 price target.

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