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Analysts Offer Insights on Healthcare Companies: Amgen (AMGN), Teleflex (TFX) and Axsome Therapeutics (AXSM)

Companies in the Healthcare sector have received a lot of coverage today as analysts weigh in on Amgen (AMGNResearch Report), Teleflex (TFXResearch Report) and Axsome Therapeutics (AXSMResearch Report).

Amgen (AMGN)

In a report issued on May 6, Salim Syed from Mizuho Securities assigned a Hold rating to Amgen, with a price target of $223.00. The company’s shares closed last Tuesday at $300.30.

According to TipRanks.com, Syed has 0 stars on 0-5 stars ranking scale with an average return of -5.6% and a 38.4% success rate. Syed covers the Healthcare sector, focusing on stocks such as Syndax Pharmaceuticals, Crispr Therapeutics AG, and Atara Biotherapeutics.

The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Amgen with a $321.29 average price target, which is a 6.5% upside from current levels. In a report issued on May 3, Barclays also upgraded the stock to Hold with a $300.00 price target.

See the top stocks recommended by analysts >>

Teleflex (TFX)

Mizuho Securities analyst Anthony Petrone maintained a Hold rating on Teleflex on May 3 and set a price target of $275.00. The company’s shares closed last Tuesday at $201.52.

According to TipRanks.com, Petrone is a 4-star analyst with an average return of 5.9% and a 52.4% success rate. Petrone covers the Healthcare sector, focusing on stocks such as GE Healthcare Technologies Inc, Establishment Labs Holdings, and Edwards Lifesciences.

Teleflex has an analyst consensus of Moderate Buy, with a price target consensus of $248.80, which is a 23.3% upside from current levels. In a report issued on May 2, Needham also maintained a Hold rating on the stock.

Axsome Therapeutics (AXSM)

Mizuho Securities analyst Graig Suvannavejh assigned a Buy rating to Axsome Therapeutics on May 6 and set a price target of $109.00. The company’s shares closed last Tuesday at $76.94.

According to TipRanks.com, Suvannavejh is ranked 0 out of 5 stars with an average return of -10.0% and a 40.1% success rate. Suvannavejh covers the Healthcare sector, focusing on stocks such as Cerevel Therapeutics Holdings, Harmony Biosciences Holdings, and Amylyx Pharmaceuticals Inc.

Axsome Therapeutics has an analyst consensus of Strong Buy, with a price target consensus of $119.58, representing a 58.2% upside. In a report issued on April 29, Morgan Stanley also upgraded the stock to Buy with a $115.00 price target.

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