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Analysts Are Bullish on Top Healthcare Stocks: AdaptHealth (AHCO), Allogene Therapeutics (ALLO)

There’s a lot to be optimistic about in the Healthcare sector as 3 analysts just weighed in on AdaptHealth (AHCOResearch Report), Allogene Therapeutics (ALLOResearch Report) and Privia Health Group (PRVAResearch Report) with bullish sentiments.

AdaptHealth (AHCO)

In a report released today, David S Macdonald from Truist Financial reiterated a Buy rating on AdaptHealth, with a price target of $13.00. The company’s shares closed last Tuesday at $9.83.

According to TipRanks.com, Macdonald is a 5-star analyst with an average return of 13.1% and a 64.6% success rate. Macdonald covers the Healthcare sector, focusing on stocks such as Aveanna Healthcare Holdings, Walgreens Boots Alliance, and Pediatrix Medical Group.

The word on The Street in general, suggests a Moderate Buy analyst consensus rating for AdaptHealth with a $11.85 average price target, implying a 21.4% upside from current levels. In a report issued on May 7, Canaccord Genuity also maintained a Buy rating on the stock with a $14.00 price target.

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Allogene Therapeutics (ALLO)

Truist Financial analyst Asthika Goonewardene maintained a Buy rating on Allogene Therapeutics today. The company’s shares closed last Tuesday at $2.96, close to its 52-week low of $2.23.

According to TipRanks.com, Goonewardene is a 1-star analyst with an average return of -3.3% and a 32.1% success rate. Goonewardene covers the Healthcare sector, focusing on stocks such as Iovance Biotherapeutics, Mersana Therapeutics, and Autolus Therapeutics.

Currently, the analyst consensus on Allogene Therapeutics is a Strong Buy with an average price target of $13.27, which is a 308.3% upside from current levels. In a report issued on May 13, RBC Capital also maintained a Buy rating on the stock with a $10.00 price target.

Privia Health Group (PRVA)

Truist Financial analyst Jailendra Singh maintained a Buy rating on Privia Health Group today and set a price target of $24.00. The company’s shares closed last Tuesday at $18.05, close to its 52-week low of $16.90.

According to TipRanks.com, Singh ‘s ranking currently consits of 0 on a 0-5 ranking scale, with an average return of -14.8% and a 32.4% success rate. Singh covers the Healthcare sector, focusing on stocks such as Hims & Hers Health, GoodRx Holdings, and Evolent Health.

The word on The Street in general, suggests a Strong Buy analyst consensus rating for Privia Health Group with a $25.86 average price target, implying a 41.0% upside from current levels. In a report issued on May 2, Stifel Nicolaus also maintained a Buy rating on the stock with a $24.00 price target.

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