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Analysts Are Bullish on Top Healthcare Stocks: Ligand Pharma (LGND), Johnson & Johnson (JNJ)

There’s a lot to be optimistic about in the Healthcare sector as 2 analysts just weighed in on Ligand Pharma (LGNDResearch Report) and Johnson & Johnson (JNJResearch Report) with bullish sentiments.

Johnson & Johnson (JNJ)

In a report released yesterday, Shagun Singh Chadha from RBC Capital maintained a Buy rating on Johnson & Johnson, with a price target of $178.00. The company’s shares closed last Wednesday at $154.06, close to its 52-week low of $150.11.

According to TipRanks.com, Chadha has 0 stars on 0-5 stars ranking scale with an average return of -6.5% and a 25.7% success rate. Chadha covers the Healthcare sector, focusing on stocks such as Axonics Modulation Technologies, Zimmer Biomet Holdings, and Edwards Lifesciences.

Johnson & Johnson has an analyst consensus of Moderate Buy, with a price target consensus of $177.58, a 14.3% upside from current levels. In a report issued on October 2, Cantor Fitzgerald also maintained a Buy rating on the stock with a $215.00 price target.

TipRanks has tracked 36,000 company insiders and found that a few of them are better than others when it comes to timing their transactions. See which 3 stocks are most likely to make moves following their insider activities.

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