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Analysts Offer Insights on Healthcare Companies: Biogen (BIIB), Tenet Healthcare (THC) and Frequency Therapeutics (FREQ)

There’s a lot to be optimistic about in the Healthcare sector as 3 analysts just weighed in on Biogen (BIIBResearch Report), Tenet Healthcare (THCResearch Report) and Frequency Therapeutics (FREQResearch Report) with bullish sentiments.

Biogen (BIIB)

In a report issued on January 19, Brian Skorney from Robert W. Baird maintained a Buy rating on Biogen, with a price target of $340.00. The company’s shares closed last Friday at $285.77.

According to TipRanks.com, Skorney has 0 stars on 0-5 stars ranking scale with an average return of -3.7% and a 45.6% success rate. Skorney covers the Healthcare sector, focusing on stocks such as Eiger Biopharmaceuticals, Vertex Pharmaceuticals, and Enanta Pharmaceuticals.

Currently, the analyst consensus on Biogen is a Moderate Buy with an average price target of $316.50, representing a 12.1% upside. In a report issued on January 4, Jefferies also maintained a Buy rating on the stock with a $350.00 price target.

See the top stocks recommended by analysts >>

Tenet Healthcare (THC)

Mizuho Securities analyst Ann Hynes maintained a Buy rating on Tenet Healthcare on January 19 and set a price target of $60.00. The company’s shares closed last Friday at $51.54.

According to TipRanks.com, Hynes is a 5-star analyst with an average return of 9.0% and a 61.3% success rate. Hynes covers the Healthcare sector, focusing on stocks such as Molina Healthcare, Acadia Healthcare, and AmerisourceBergen.

Tenet Healthcare has an analyst consensus of Strong Buy, with a price target consensus of $64.07.

Frequency Therapeutics (FREQ)

In a report issued on January 20, Jack Allen from Robert W. Baird maintained a Buy rating on Frequency Therapeutics, with a price target of $10.00. The company’s shares closed last Friday at $4.75.

According to TipRanks.com, Allen has currently 0 stars on a ranking scale of 0-5 stars, with an average return of -11.3% and a 41.5% success rate. Allen covers the Healthcare sector, focusing on stocks such as Taysha Gene Therapies, Allogene Therapeutics, and Intellia Therapeutics.

Frequency Therapeutics has an analyst consensus of Moderate Buy, with a price target consensus of $8.50.

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