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Analysts Offer Insights on Healthcare Companies: Biogen (BIIB), KalVista Pharmaceuticals (KALV) and PTC Therapeutics (PTCT)

Companies in the Healthcare sector have received a lot of coverage today as analysts weigh in on Biogen (BIIBResearch Report), KalVista Pharmaceuticals (KALVResearch Report) and PTC Therapeutics (PTCTResearch Report).

Biogen (BIIB)

J.P. Morgan analyst Chris Schott maintained a Hold rating on Biogen today and set a price target of $240.00. The company’s shares closed last Wednesday at $201.55, close to its 52-week low of $200.65.

According to TipRanks.com, Schott is a 3-star analyst with an average return of 1.9% and a 52.0% success rate. Schott covers the Healthcare sector, focusing on stocks such as Bristol-Myers Squibb, Teva Pharmaceutical, and Idexx Laboratories.

Biogen has an analyst consensus of Moderate Buy, with a price target consensus of $289.32, representing a 42.5% upside. In a report issued on March 31, Wells Fargo also maintained a Hold rating on the stock with a $240.00 price target.

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KalVista Pharmaceuticals (KALV)

In a report released today, Serge Belanger from Needham maintained a Buy rating on KalVista Pharmaceuticals, with a price target of $35.00. The company’s shares closed last Wednesday at $11.93.

According to TipRanks.com, Belanger is a 4-star analyst with an average return of 3.7% and a 43.6% success rate. Belanger covers the Healthcare sector, focusing on stocks such as MoonLake Immunotherapeutics, Amphastar Pharmaceuticals, and Collegium Pharmaceutical.

The word on The Street in general, suggests a Strong Buy analyst consensus rating for KalVista Pharmaceuticals with a $32.67 average price target.

PTC Therapeutics (PTCT)

Wells Fargo analyst Tiago Fauth maintained a Buy rating on PTC Therapeutics today and set a price target of $37.00. The company’s shares closed last Wednesday at $26.91.

According to TipRanks.com, Fauth has 0 stars on 0-5 stars ranking scale with an average return of -9.3% and a 35.8% success rate. Fauth covers the Healthcare sector, focusing on stocks such as Ultragenyx Pharmaceutical, Aerovate Therapeutics, and Pliant Therapeutics.

PTC Therapeutics has an analyst consensus of Hold, with a price target consensus of $29.11.

TipRanks has tracked 36,000 company insiders and found that a few of them are better than others when it comes to timing their transactions. See which 3 stocks are most likely to make moves following their insider activities.

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Analysts Are Bullish on Top Healthcare Stocks: Harmony Biosciences Holdings (HRMY), Recursion Pharmaceuticals (RXRX)

There’s a lot to be optimistic about in the Healthcare sector as 3 analysts just weighed in on Harmony Biosciences Holdings (HRMYResearch Report), Recursion Pharmaceuticals (RXRXResearch Report) and Biogen (BIIBResearch Report) with bullish sentiments.

Harmony Biosciences Holdings (HRMY)

Needham analyst Ami Fadia maintained a Buy rating on Harmony Biosciences Holdings today and set a price target of $50.00. The company’s shares closed last Monday at $29.84.

According to TipRanks.com, Fadia is a 3-star analyst with an average return of 2.5% and a 41.8% success rate. Fadia covers the Healthcare sector, focusing on stocks such as Day One Biopharmaceuticals, Intra-Cellular Therapies, and ACADIA Pharmaceuticals.

Harmony Biosciences Holdings has an analyst consensus of Moderate Buy, with a price target consensus of $41.33.

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Recursion Pharmaceuticals (RXRX)

In a report released today, Gil Blum from Needham maintained a Buy rating on Recursion Pharmaceuticals, with a price target of $17.00. The company’s shares closed last Monday at $9.00.

According to TipRanks.com, Blum is a 4-star analyst with an average return of 4.7% and a 42.7% success rate. Blum covers the Healthcare sector, focusing on stocks such as Mereo Biopharma Group Plc, Rocket Pharmaceuticals, and Crispr Therapeutics AG.

Currently, the analyst consensus on Recursion Pharmaceuticals is a Moderate Buy with an average price target of $17.00.

Biogen (BIIB)

In a report issued on April 4, Brian Abrahams from RBC Capital maintained a Buy rating on Biogen, with a price target of $326.00. The company’s shares closed last Monday at $204.95, close to its 52-week low of $202.18.

According to TipRanks.com, Abrahams is a 5-star analyst with an average return of 9.4% and a 50.0% success rate. Abrahams covers the Healthcare sector, focusing on stocks such as Neumora Therapeutics, Inc., Intra-Cellular Therapies, and Karyopharm Therapeutics.

The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Biogen with a $291.00 average price target, which is a 42.7% upside from current levels. In a report issued on April 1, Morgan Stanley also maintained a Buy rating on the stock with a $346.00 price target.

TipRanks has tracked 36,000 company insiders and found that a few of them are better than others when it comes to timing their transactions. See which 3 stocks are most likely to make moves following their insider activities.

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