Analysts Offer Insights on Healthcare Companies: Penumbra Inc (NYSE: PEN) and Regeneron (NASDAQ: REGN)

Companies in the Healthcare sector have received a lot of coverage today as analysts weigh in on Penumbra Inc (PENResearch Report) and Regeneron (REGNResearch Report).

Penumbra Inc (PEN)

RBC Capital analyst Brandon Henry maintained a Buy rating on Penumbra Inc yesterday and set a price target of $174. The company’s shares opened today at $147.50.

According to TipRanks.com, Henry is a 4-star analyst with an average return of 9.1% and a 68.6% success rate. Henry covers the Healthcare sector, focusing on stocks such as Varian Medical Systems, Edwards Lifesciences, and Integra Lifesciences.

The word on The Street in general, suggests a Strong Buy analyst consensus rating for Penumbra Inc with a $175 average price target, which is a 18.6% upside from current levels. In a report issued on August 1, Wells Fargo also reiterated a Buy rating on the stock with a $185 price target.

See today’s analyst top recommended stocks >>

Regeneron (REGN)

RBC Capital analyst Kennen MacKay maintained a Hold rating on Regeneron on August 6 and set a price target of $399. The company’s shares opened today at $303.12, close to its 52-week low of $287.66.

According to TipRanks.com, MacKay is a 5-star analyst with an average return of 11.9% and a 53.1% success rate. MacKay covers the Healthcare sector, focusing on stocks such as Akebia Therapeutics, Puma Biotechnology, and Seattle Genetics.

Currently, the analyst consensus on Regeneron is a Hold with an average price target of $375.11, representing a 23.7% upside. In a report issued on July 30, Cowen & Co. also assigned a Hold rating to the stock with a $353 price target.

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