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A Quick Look at Today's Ratings for Baxter International Inc(BAX.US), With a Forecast Between $30 to $45

Futu News ·  Oct 1 21:00  · Ratings

On Oct 01, major Wall Street analysts update their ratings for $Baxter International Inc (BAX.US)$, with price targets ranging from $30 to $45.

Morgan Stanley analyst Patrick Wood maintains with a sell rating, and maintains the target price at $30.

BofA Securities analyst Travis Steed maintains with a hold rating, and maintains the target price at $45.

Citi analyst Joanne Wuensch maintains with a hold rating, and sets the target price at $40.

Deutsche Bank analyst Pito Chickering maintains with a hold rating, and maintains the target price at $42.

Wells Fargo analyst Larry Biegelsen maintains with a hold rating, and maintains the target price at $40.

Furthermore, according to the comprehensive report, the opinions of $Baxter International Inc (BAX.US)$'s main analysts recently are as follows:

  • Speculation is mounting about whether the recent surge in medical technology stocks will persist as the industry approaches third-quarter financial disclosures. The perspective ahead of the earnings season is one of caution, with the third quarter typically presenting challenges within the MedTech sector. This period often draws attention to the industry's long-term outlook and projections for the following year, which could significantly influence stock performance in the short term.

Here are the latest investment ratings and price targets for $Baxter International Inc (BAX.US)$ from 5 analysts:

StockTodayLatestRating_nn_203480_20241001_en

Note:

TipRanks, an independent third party, provides analysis data from financial analysts and calculates the Average Returns and Success Rates of the analysts' recommendations. The information presented is not an investment recommendation and is intended for informational purposes only.

Success rate is the number of the analyst's successful ratings, divided by his/her total number of ratings over the past year. A successful rating is one based on if TipRanks' virtual portfolio earned a positive return from the stock. Total average return is the average rate of return that the TipRanks' virtual portfolio has earned over the past year. These portfolios are established based on the analyst's preliminary rating and are adjusted according to the changes in the rating.

TipRanks provides a ranking of each analyst up to 5 stars, which is representative of all recommendations from the analyst. An analyst's past performance is evaluated on a scale of 1 to 5 stars, with more stars indicating better performance. The star level is determined by his/her total success rate and average return.

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