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Analysts’ Top Healthcare Picks: Xenon (XENE), Progyny (PGNY)

There’s a lot to be optimistic about in the Healthcare sector as 3 analysts just weighed in on Xenon (XENEResearch Report), Progyny (PGNYResearch Report) and Regulus (RGLSResearch Report) with bullish sentiments.

Xenon (XENE)

Jefferies analyst Andrew Tsai maintained a Buy rating on Xenon yesterday and set a price target of $60.00. The company’s shares closed last Monday at $40.48.

According to TipRanks.com, Tsai is a 3-star analyst with an average return of 2.6% and a 50.0% success rate. Tsai covers the Healthcare sector, focusing on stocks such as Deciphera Pharmaceuticals, Intra-Cellular Therapies, and Fusion Pharmaceuticals.

Xenon has an analyst consensus of Strong Buy, with a price target consensus of $57.92, a 41.1% upside from current levels. In a report issued on May 9, RBC Capital also maintained a Buy rating on the stock with a $55.00 price target.

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

Progyny (PGNY)

In a report issued on May 10, Michael Cherny from Leerink Partners reiterated a Buy rating on Progyny, with a price target of $31.00. The company’s shares closed last Monday at $27.40, close to its 52-week low of $23.90.

According to TipRanks.com, Cherny is a 3-star analyst with an average return of 3.3% and a 48.5% success rate. Cherny covers the Healthcare sector, focusing on stocks such as Walgreens Boots Alliance, Patterson Companies, and Hims & Hers Health.

Currently, the analyst consensus on Progyny is a Strong Buy with an average price target of $39.29, a 41.6% upside from current levels. In a report issued on April 26, Barclays also maintained a Buy rating on the stock with a $48.00 price target.

Regulus (RGLS)

Leerink Partners analyst Joseph Schwartz reiterated a Buy rating on Regulus on May 9 and set a price target of $6.00. The company’s shares closed last Monday at $2.09.

According to TipRanks.com, Schwartz is a 1-star analyst with an average return of -1.0% and a 38.5% success rate. Schwartz covers the Healthcare sector, focusing on stocks such as Ultragenyx Pharmaceutical, Crinetics Pharmaceuticals, and Mereo Biopharma Group Plc.

Currently, the analyst consensus on Regulus is a Strong Buy with an average price target of $7.25, which is a 228.1% upside from current levels. In a report issued on May 6, Canaccord Genuity also maintained a Buy rating on the stock with a $11.00 price target.

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