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Analysts Offer Insights on Healthcare Companies: Dynavax (DVAX) and EDAP TMS (EDAP)

There’s a lot to be optimistic about in the Healthcare sector as 2 analysts just weighed in on Dynavax (DVAXResearch Report) and EDAP TMS (EDAPResearch Report) with bullish sentiments.

Dynavax (DVAX)

JMP Securities analyst Roy Buchanan reiterated a Buy rating on Dynavax today and set a price target of $29.00. The company’s shares closed last Thursday at $12.44.

According to TipRanks.com, Buchanan is currently ranked with 0 stars on a 0-5 stars ranking scale, with an average return of -26.7% and a 30.1% success rate. Buchanan covers the Healthcare sector, focusing on stocks such as AN2 Therapeutics, Inc., Inovio Pharmaceuticals, and Enanta Pharmaceuticals.

Dynavax has an analyst consensus of Strong Buy, with a price target consensus of $25.50, which is a 103.8% upside from current levels. In a report released yesterday, TD Cowen also maintained a Buy rating on the stock with a $25.00 price target.

See today’s best-performing stocks on TipRanks >>

EDAP TMS (EDAP)

In a report released today, Frank Takkinen from Lake Street maintained a Buy rating on EDAP TMS, with a price target of $10.00. The company’s shares closed last Thursday at $6.05.

According to TipRanks.com, Takkinen is a 4-star analyst with an average return of 9.0% and a 42.5% success rate. Takkinen covers the Healthcare sector, focusing on stocks such as Inspire Medical Systems, REPRO-MED Systems, and Silk Road Medical.

Currently, the analyst consensus on EDAP TMS is a Moderate Buy with an average price target of $10.00.

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