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Analysts Offer Insights on Healthcare Companies: Biogen (BIIB), Evolent Health (EVH) and BioMarin Pharmaceutical (BMRN)

Companies in the Healthcare sector have received a lot of coverage today as analysts weigh in on Biogen (BIIBResearch Report), Evolent Health (EVHResearch Report) and BioMarin Pharmaceutical (BMRNResearch Report).

Biogen (BIIB)

RBC Capital analyst Brian Abrahams maintained a Buy rating on Biogen yesterday and set a price target of $317.00. The company’s shares closed last Wednesday at $201.99, close to its 52-week low of $189.44.

According to TipRanks.com, Abrahams is a 4-star analyst with an average return of 6.5% and a 47.0% success rate. Abrahams covers the Healthcare sector, focusing on stocks such as Neumora Therapeutics, Inc., Intra-Cellular Therapies, and Karyopharm Therapeutics.

The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Biogen with a $283.52 average price target, a 42.5% upside from current levels. In a report released today, Canaccord Genuity also maintained a Buy rating on the stock with a $308.00 price target.

See the top stocks recommended by analysts >>

Evolent Health (EVH)

In a report released yesterday, Sean Dodge from RBC Capital maintained a Buy rating on Evolent Health, with a price target of $42.00. The company’s shares closed last Wednesday at $29.26.

According to TipRanks.com, Dodge is ranked 0 out of 5 stars with an average return of -7.5% and a 38.5% success rate. Dodge covers the Healthcare sector, focusing on stocks such as Healthcare Services, Privia Health Group, and Avid Bioservices.

The word on The Street in general, suggests a Strong Buy analyst consensus rating for Evolent Health with a $45.90 average price target, which is a 52.7% upside from current levels. In a report issued on April 22, Citi also initiated coverage with a Buy rating on the stock with a $40.00 price target.

BioMarin Pharmaceutical (BMRN)

RBC Capital analyst Luca Issi maintained a Hold rating on BioMarin Pharmaceutical yesterday and set a price target of $100.00. The company’s shares closed last Wednesday at $91.20.

According to TipRanks.com, Issi is ranked 0 out of 5 stars with an average return of -25.0% and a 19.6% success rate. Issi covers the Healthcare sector, focusing on stocks such as Arrowhead Pharmaceuticals, Ultragenyx Pharmaceutical, and Lexeo Therapeutics, Inc.

BioMarin Pharmaceutical has an analyst consensus of Moderate Buy, with a price target consensus of $111.24.

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