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Analysts Offer Insights on Healthcare Companies: Eli Lilly & Co (LLY), HCA Healthcare (HCA) and Spectrum Pharmaceuticals (SPPI)

There’s a lot to be optimistic about in the Healthcare sector as 3 analysts just weighed in on Eli Lilly & Co (LLYResearch Report), HCA Healthcare (HCAResearch Report) and Spectrum Pharmaceuticals (SPPIResearch Report) with bullish sentiments.

Eli Lilly & Co (LLY)

SVB Securities analyst David Risinger maintained a Buy rating on Eli Lilly & Co on January 30 and set a price target of $410.00. The company’s shares closed last Tuesday at $344.15.

According to TipRanks.com, Risinger is a 4-star analyst with an average return of 5.3% and a 55.2% success rate. Risinger covers the Healthcare sector, focusing on stocks such as Vertex Pharmaceuticals, Horizon Therapeutics, and Theravance Biopharma.

Currently, the analyst consensus on Eli Lilly & Co is a Strong Buy with an average price target of $400.20, which is a 17.5% upside from current levels. In a report issued on January 19, Cantor Fitzgerald also reiterated a Buy rating on the stock with a $432.00 price target.

See the top stocks recommended by analysts >>

HCA Healthcare (HCA)

In a report issued on January 30, Whit Mayo from SVB Securities reiterated a Buy rating on HCA Healthcare, with a price target of $286.00. The company’s shares closed last Tuesday at $255.07.

According to TipRanks.com, Mayo is a 4-star analyst with an average return of 5.5% and a 54.2% success rate. Mayo covers the Healthcare sector, focusing on stocks such as Airsculpt Technologies, Inc., Alignment Healthcare, and Privia Health Group.

Currently, the analyst consensus on HCA Healthcare is a Strong Buy with an average price target of $279.07, a 10.0% upside from current levels. In a report issued on January 19, Oppenheimer also maintained a Buy rating on the stock with a $270.00 price target.

Spectrum Pharmaceuticals (SPPI)

In a report released today, Reni Benjamin from JMP Securities reiterated a Buy rating on Spectrum Pharmaceuticals, with a price target of $4.00. The company’s shares closed last Tuesday at $0.70.

According to TipRanks.com, Benjamin is ranked 0 out of 5 stars with an average return of -10.5% and a 33.7% success rate. Benjamin covers the Healthcare sector, focusing on stocks such as Deciphera Pharmaceuticals, Iovance Biotherapeutics, and Allogene Therapeutics.

Spectrum Pharmaceuticals has an analyst consensus of Moderate Buy, with a price target consensus of $3.00, representing a 383.9% upside. In a report released yesterday, H.C. Wainwright also reiterated a Buy rating on the stock with a $4.00 price target.

TipRanks has tracked 36,000 company insiders and found that a few of them are better than others when it comes to timing their transactions. See which 3 stocks are most likely to make moves following their insider activities.

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