Goldman Sachs Hikes and Cuts Health-Care Stocks Ahead of 2024

December 11, 2023, 2:52 PM UTC

Goldman Sachs is making sector-wide changes in ratings for health-care companies saying stock selection will be key ahead of 2024.

  • Analysts led by Asad Haider provide their outlook for the new yearm expecting life sciences tools to outperform in 2024 and note a tougher backdrop for managed care and dental companies.
  • Among life science tools & diagnostics stocks, the broker upgrades QIAGEN N.V. to buy from neutral, saying defensive end markets could outperform in the first half of 2024 before a broader recovery in the later half; PT to $50 from $47 (QGEN +0.3%)
    • Downgrades Danaher to neutral from buy ...



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