There’s a lot to be optimistic about in the Healthcare sector as 2 analysts just weighed in on Owlet (OWLT – Research Report) and Guardant Health (GH – Research Report) with bullish sentiments.
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Owlet (OWLT)
In a report released today, Ben Haynor from Lake Street initiated coverage with a Buy rating on Owlet and a price target of $8.50. The company’s shares closed last Thursday at $4.96.
According to TipRanks.com, Haynor is currently ranked with 0 stars on a 0-5 stars ranking scale, with an average return of -14.6% and a 27.4% success rate. Haynor covers the Healthcare sector, focusing on stocks such as Treace Medical Concepts, Butterfly Network, and Sensus Healthcare.
Owlet has an analyst consensus of Moderate Buy, with a price target consensus of $8.50.
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Guardant Health (GH)
Craig-Hallum analyst William Bonello maintained a Buy rating on Guardant Health today and set a price target of $56.00. The company’s shares closed last Thursday at $47.40, close to its 52-week high of $50.89.
According to TipRanks.com, Bonello is a 5-star analyst with an average return of 25.6% and a 55.8% success rate. Bonello covers the Healthcare sector, focusing on stocks such as SOPHiA GENETICS, GeneDx Holdings, and Delcath Systems.
Guardant Health has an analyst consensus of Strong Buy, with a price target consensus of $51.36, implying a 6.3% upside from current levels. In a report released yesterday, TD Cowen also maintained a Buy rating on the stock with a $56.00 price target.
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