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Analysts’ Top Healthcare Picks: DocGo (DCGO), Avidity Biosciences (RNA)

There’s a lot to be optimistic about in the Healthcare sector as 3 analysts just weighed in on DocGo (DCGOResearch Report), Avidity Biosciences (RNAResearch Report) and Ultragenyx Pharmaceutical (RAREResearch Report) with bullish sentiments.

DocGo (DCGO)

Stifel Nicolaus analyst David Grossman maintained a Buy rating on DocGo today and set a price target of $6.50. The company’s shares closed last Thursday at $3.15, close to its 52-week low of $2.75.

According to TipRanks.com, Grossman is a 4-star analyst with an average return of 6.2% and a 57.3% success rate. Grossman covers the Technology sector, focusing on stocks such as International Business Machines, Exlservice Holdings, and DXC Technology.

DocGo has an analyst consensus of Strong Buy, with a price target consensus of $6.30.

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Avidity Biosciences (RNA)

Avidity Biosciences received a Buy rating and a $56.00 price target from TD Cowen analyst Ritu Baral today. The company’s shares closed last Thursday at $47.05, close to its 52-week high of $49.41.

According to TipRanks.com, Baral is a 5-star analyst with an average return of 9.1% and a 44.9% success rate. Baral covers the Healthcare sector, focusing on stocks such as Sagimet Biosciences, Inc. Class A, Praxis Precision Medicines, and Milestone Pharmaceuticals.

The word on The Street in general, suggests a Strong Buy analyst consensus rating for Avidity Biosciences with a $63.70 average price target, representing a 34.3% upside. In a report issued on September 24, Goldman Sachs also initiated coverage with a Buy rating on the stock with a $59.00 price target.

Ultragenyx Pharmaceutical (RARE)

In a report released today, Dae Gon Ha from Stifel Nicolaus maintained a Buy rating on Ultragenyx Pharmaceutical, with a price target of $127.00. The company’s shares closed last Thursday at $53.66.

According to TipRanks.com, Ha is a 3-star analyst with an average return of 2.4% and a 43.3% success rate. Ha covers the Healthcare sector, focusing on stocks such as Rhythm Pharmaceuticals, Rocket Pharmaceuticals, and Intellia Therapeutics.

The word on The Street in general, suggests a Strong Buy analyst consensus rating for Ultragenyx Pharmaceutical with a $84.80 average price target, which is a 53.6% upside from current levels. In a report issued on October 1, TD Cowen also maintained a Buy rating on the stock with a $61.00 price target.

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