Analysts Offer Insights on Healthcare Companies: Cooper Co (NYSE: COO) and Edwards Lifesciences (NYSE: EW)

By Ryan Adsit

There’s a lot to be optimistic about in the Healthcare sector as 2 analysts just weighed in on Cooper Co (COOResearch Report) and Edwards Lifesciences (EWResearch Report) with bullish sentiments.

Cooper Co (COO)

KeyBanc analyst Matthew Mishan maintained a Buy rating on Cooper Co today and set a price target of $296. The company’s shares closed yesterday at $277.03, close to its 52-week high of $283.18.

According to TipRanks.com, Mishan is a 5-star analyst with an average return of 18.5% and a 75.5% success rate. Mishan covers the Healthcare sector, focusing on stocks such as Cantel Medical Corp, Becton Dickinson, and Steris Corp.

Currently, the analyst consensus on Cooper Co is a Strong Buy with an average price target of $294, implying a 6.1% upside from current levels. In a report released today, Piper Jaffray also maintained a Buy rating on the stock with a $300 price target.

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Edwards Lifesciences (EW)

Morgan Stanley analyst David Lewis maintained a Buy rating on Edwards Lifesciences today and set a price target of $180. The company’s shares closed yesterday at $163.33.

According to TipRanks.com, Lewis is a 5-star analyst with an average return of 12.1% and a 69.9% success rate. Lewis covers the Healthcare sector, focusing on stocks such as Boston Scientific Corp, Zimmer Biomet Holdings, and Baxter International.

The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Edwards Lifesciences with a $167.43 average price target, representing a 2.5% upside. In a report issued on November 30, Cowen & Co. also assigned a Buy rating to the stock with a $190 price target.

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