Analysts Offer Insights on Healthcare Companies: Electrocore Llc (NASDAQ: ECOR) and Jazz Pharmaceuticals (NASDAQ: JAZZ)

By Austin Angelo

There’s a lot to be optimistic about in the Healthcare sector as 2 analysts just weighed in on Electrocore Llc (ECORResearch Report) and Jazz Pharmaceuticals (JAZZResearch Report) with bullish sentiments.

Electrocore Llc (ECOR)

Evercore ISI analyst Joshua Schimmer maintained a Buy rating on Electrocore Llc yesterday and set a price target of $24. The company’s shares closed last Monday at $1.56, close to its 52-week low of $1.23.

According to TipRanks.com, Schimmer is a 5-star analyst with an average return of 11.4% and a 50.6% success rate. Schimmer covers the Healthcare sector, focusing on stocks such as Ionis Pharmaceuticals Inc, Mirum Pharmaceuticals Inc, and Adamas Pharmaceuticals.

Currently, the analyst consensus on Electrocore Llc is a Moderate Buy with an average price target of $17.50.

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Jazz Pharmaceuticals (JAZZ)

In a report released yesterday, Umer Raffat from Evercore ISI maintained a Buy rating on Jazz Pharmaceuticals. The company’s shares closed last Monday at $136.67.

Raffat observed:

“We think the TETRAS-ADL endpoint was most interesting (see image at bottom) … and this will be the primary endpoint in future clinical trials.”

According to TipRanks.com, Raffat is a 1-star analyst with an average return of -4.9% and a 52.4% success rate. Raffat covers the Healthcare sector, focusing on stocks such as Teva Pharmaceutical Industries Limited, Dova Pharmaceuticals Inc, and Gilead Sciences.

Currently, the analyst consensus on Jazz Pharmaceuticals is a Strong Buy with an average price target of $177.50, representing a 29.9% upside. In a report issued on August 7, Barclays also maintained a Buy rating on the stock with a $180 price target.

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