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Analysts Offer Insights on Healthcare Companies: Tandem Diabetes Care (TNDM) and Eli Lilly & Co (LLY)

There’s a lot to be optimistic about in the Healthcare sector as 2 analysts just weighed in on Tandem Diabetes Care (TNDMResearch Report) and Eli Lilly & Co (LLYResearch Report) with bullish sentiments.

Tandem Diabetes Care (TNDM)

Tandem Diabetes Care received a Buy rating and a $45.00 price target from Leerink Partners analyst Mike Kratky on April 30. The company’s shares closed last Wednesday at $36.20.

According to TipRanks.com, Kratky is a 4-star analyst with an average return of 11.4% and a 50.9% success rate. Kratky covers the Healthcare sector, focusing on stocks such as Inspire Medical Systems, Edwards Lifesciences, and PROCEPT BioRobotics.

Tandem Diabetes Care has an analyst consensus of Moderate Buy, with a price target consensus of $38.09, which is a 5.4% upside from current levels. In a report issued on April 29, Wells Fargo also upgraded the stock to Buy with a $45.00 price target.

See the top stocks recommended by analysts >>

Eli Lilly & Co (LLY)

In a report released yesterday, David Risinger from Leerink Partners maintained a Buy rating on Eli Lilly & Co, with a price target of $901.00. The company’s shares closed last Wednesday at $776.75, close to its 52-week high of $800.78.

According to TipRanks.com, Risinger is a 5-star analyst with an average return of 11.0% and a 55.0% success rate. Risinger covers the Healthcare sector, focusing on stocks such as Structure Therapeutics, Inc. Sponsored ADR, Centessa Pharmaceuticals, and Vertex Pharmaceuticals.

Eli Lilly & Co has an analyst consensus of Strong Buy, with a price target consensus of $882.06, representing a 13.9% upside. In a report issued on April 17, BMO Capital also initiated coverage with a Buy rating on the stock with a $900.00 price target.

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