Is Leerink Partners a reliable analyst?

In short — Over 1 year, 60% of Leerink Partners's targets proved profitable, for an average gain of +10.2% per call (all calls, winners and losers) — i.e. +6.2% vs its sector, across 35 timestamped calls replayed against real prices. JPI verdict: fairly reliable. An analyst can be good in one sector and poor in another — details below.

60%profitable calls

+10.2%avg gain / call

+6.2%vs sector

35scored calls

In which sectors is Leerink Partners reliable?

Sector

Calls

% profitable

Avg gain 2015+

Avg gain 2020+

Last 12 months

▸ Health

60%

+10.2%

-11.2% (25)

Stock	Rating	Issued	Matures (1yr)	Price at call	Target	End price	Targeted	Result
LLY	▲ Outperform	Jun 25, 26	Jun 25, 27	$1208.12	🎯$1232	$1235.56	+2%	+2% so far
UNH	▲ Outperform	Jun 17, 26	Jun 17, 27	$400.96	🎯$462	$428.19	+15%	+7% so far
SYK	▲ Outperform	Jun 5, 26	Jun 5, 27	$305.66	🎯$407	$329.74	+33%	+8% so far
MDT	▲ Outperform	Jun 4, 26	Jun 4, 27	$81.93	🎯$104	$83.83	+27%	+2% so far
BSX	▲ Outperform	May 28, 26	May 28, 27	$48.31	🎯$74	$45.3	+53%	-6% so far
JNJ	▲ Outperform	May 13, 26	May 13, 27	$230.8	🎯$265	$267.24	+15%	+16% so far
UNH	▲ Outperform	Apr 22, 26	Apr 22, 27	$354.56	🎯$400	$428.19	+13%	+21% so far
ISRG	▲ Outperform	Apr 22, 26	Apr 22, 27	$478.82	🎯$573	$427.3	+20%	-11% so far

Sample (0 recent finished + 8 in progress) of 35 calls.

The stocks Leerink Partners covers (track record per stock)

Stock

Calls

% profitable

Avg gain 2015+

Avg gain 2020+

Last 12 months

▸ MCK McKesson Corporation

100%

+38.0%

+6.1% (1)

Stock	Rating	Issued	Matures (1yr)	Price at call	Target	End price	Targeted	Result
MCK	▲ Outperform	Sep 24, 25	Sep 24, 26	$760.58	🎯$850	$807.33	+12%	+6% so far
MCK	▲ Outperform	Oct 7, 24	Oct 7, 25	$483.67	🎯$630	$749.69	+30%	+55.1%
MCK	▲ Outperform	Sep 5, 24	Sep 5, 25	$504.17	🎯$665	$695.75	+32%	+38.2%
MCK	▲ Outperform	Feb 26, 24	Feb 25, 25	$519.2	🎯$600	$628.23	+16%	+20.8%

% profitable = share of its calls that made money (1 year). Avg gain / call = average absolute gain per call (winners and losers). Point-in-time, S&P 500 backtest.