Analysts Are Bullish on Top Healthcare Stocks: Merit Medical Systems (MMSI), Viking Therapeutics (VKTX)

There’s a lot to be optimistic about in the Healthcare sector as 2 analysts just weighed in on Merit Medical Systems (MMSIResearch Report) and Viking Therapeutics (VKTXResearch Report) with bullish sentiments.

Merit Medical Systems (MMSI)

In a report released today, Michael Petusky from Barrington maintained a Buy rating on Merit Medical Systems, with a price target of $79.00. The company’s shares closed last Friday at $66.99.

According to TipRanks.com, Petusky is a 4-star analyst with an average return of 12.0% and a 57.6% success rate. Petusky covers the Healthcare sector, focusing on stocks such as US Physical Therapy, Anika Therapeutics, and Option Care Health.

The word on The Street in general, suggests a Strong Buy analyst consensus rating for Merit Medical Systems with a $77.25 average price target, a 19.0% upside from current levels. In a report released today, Piper Sandler also maintained a Buy rating on the stock with a $79.00 price target.

See today’s analyst top recommended stocks >>

Viking Therapeutics (VKTX)

Maxim Group analyst Jason McCarthy initiated coverage with a Buy rating on Viking Therapeutics yesterday and set a price target of $14.00. The company’s shares closed last Friday at $6.10.

According to TipRanks.com, McCarthy is a 5-star analyst with an average return of 25.4% and a 33.8% success rate. McCarthy covers the Healthcare sector, focusing on stocks such as Reviva Pharmaceuticals Holdings, SELLAS Life Sciences Group, and Lineage Cell Therapeutics.

Viking Therapeutics has an analyst consensus of Strong Buy, with a price target consensus of $14.25, a 135.1% upside from current levels. In a report released yesterday, Raymond James also maintained a Buy rating on the stock with a $13.00 price target.

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