Analysts Offer Insights on Healthcare Companies: Amgen (AMGN) and Notable Labs (NTBL)

TipRanks
Apr. 15, 2024, 06:01 AM

There’s a lot to be optimistic about in the Healthcare sector as 2 analysts just weighed in on Amgen (AMGNResearch Report) and Notable Labs (NTBLResearch Report) with bullish sentiments.

Amgen (AMGN)

Jefferies analyst Michael Yee maintained a Buy rating on Amgen today and set a price target of $375.00. The company’s shares closed last Friday at $267.28.

According to TipRanks.com, Yee is a 1-star analyst with an average return of -1.0% and a 43.1% success rate. Yee covers the Healthcare sector, focusing on stocks such as Iovance Biotherapeutics, Vertex Pharmaceuticals, and Olema Pharmaceuticals.

Currently, the analyst consensus on Amgen is a Moderate Buy with an average price target of $311.72, implying a 16.0% upside from current levels. In a report issued on April 3, RBC Capital also maintained a Buy rating on the stock with a $329.00 price target.

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Notable Labs (NTBL)

In a report released today, Keay Nakae from Chardan Capital maintained a Buy rating on Notable Labs, with a price target of $7.00. The company’s shares closed last Friday at $1.16, close to its 52-week low of $1.01.

According to TipRanks.com, Nakae is a 3-star analyst with an average return of 2.2% and a 37.7% success rate. Nakae covers the Healthcare sector, focusing on stocks such as Sonnet BioTherapeutics Holdings, Arrowhead Pharmaceuticals, and Orchestra BioMed Holdings.

Currently, the analyst consensus on Notable Labs is a Moderate Buy with an average price target of $8.00, a 583.8% upside from current levels. In a report released today, JMP Securities also reiterated a Buy rating on the stock with a $9.00 price target.

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273.01
-0.93 (-0.34%)
Amgen Inc.
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