Analysts Offer Insights on Healthcare Companies: LifePoint Health (NASDAQ: LPNT) and Stryker (NYSE: SYK)

By Ryan Adsit

Analysts fell to the sidelines weighing in on LifePoint Health (NASDAQ: LPNT) and Stryker (NYSE: SYK) with neutral ratings,indicating that the experts are neither bullish nor bearish on the stocks.

LifePoint Health (NASDAQ: LPNT)

In a report released today, Michael Wiederhorn from Oppenheimer assigned a Hold rating to LifePoint Health (NASDAQ: LPNT). The company’s shares opened today at $59.35.

According to TipRanks.com, Wiederhorn is a top 25 analyst with an average return of 14.2% and a 63.0% success rate. Wiederhorn covers the Healthcare sector, focusing on stocks such as Addus Homecare Corp., Envision Healthcare, and Genesis Healthcare.

LifePoint Health has an analyst consensus of Hold, with a price target consensus of $64.80.

Stryker (NYSE: SYK)

Oppenheimer analyst Steven Lichtman assigned a Hold rating to Stryker (NYSE: SYK) today and set a price target of $122. The company’s shares opened today at $114.27.

According to TipRanks.com, Lichtman is a 1-star analyst with an average return of -0.8% and a 56.9% success rate. Lichtman covers the Healthcare sector, focusing on stocks such as Boston Scientific Corp., Zimmer Biomet Holdings, and Integra Lifesciences.

Currently, the analyst consensus on Stryker is Moderate Buy and the average price target is $128, representing a 12.0% upside.

In a report released today, Needham also reiterated a Hold rating on the stock.