Analysts have been eager to weigh in on the Healthcare sector with new ratings on Evotec AG (EVO) and Pro Medicus Limited (PMCUF).TipRanks Welcomes a New ETF – NYSE:RANK TipRanks has entered a new arena in the investing world, powering the index of an ETF based on its unique data now trading under the ticker RANK on the NYSE. RANK tracks the performance of the TipRanks US Momentum Analysts Index, a rules-based index of 50 large U.S. companies.

Evotec AG (EVO)

In a report released today, Brendan Smith from TD Cowen downgraded Evotec AG to Hold, with a price target of $2.00. The company’s shares closed last Tuesday at $2.14.

According to TipRanks.com, Smith is a 5-star analyst with an average return of 18.8% and a 53.6% success rate. Smith covers the Healthcare sector, focusing on stocks such as West Pharmaceutical Services, Recursion Pharmaceuticals, and Ginkgo Bioworks Holdings.

Evotec AG has an analyst consensus of Moderate Buy, with a price target consensus of $5.50, a 153.5% upside from current levels. In a report released today, TipRanks – PerPlexity also reiterated a Hold rating on the stock with a $2.50 price target.