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Analysts Offer Insights on Healthcare Companies: Nurix Therapeutics (NRIX) and Madrigal Pharmaceuticals (MDGL)

There’s a lot to be optimistic about in the Healthcare sector as 2 analysts just weighed in on Nurix Therapeutics (NRIXResearch Report) and Madrigal Pharmaceuticals (MDGLResearch Report) with bullish sentiments.

Nurix Therapeutics (NRIX)

J.P. Morgan analyst Eric Joseph maintained a Buy rating on Nurix Therapeutics yesterday and set a price target of $30.00. The company’s shares closed last Tuesday at $17.48.

According to TipRanks.com, Joseph is a 3-star analyst with an average return of 3.6% and a 51.5% success rate. Joseph covers the Healthcare sector, focusing on stocks such as Monte Rosa Therapeutics, Enanta Pharmaceuticals, and Rocket Pharmaceuticals.

Nurix Therapeutics has an analyst consensus of Strong Buy, with a price target consensus of $24.00, representing a 72.0% upside. In a report issued on March 25, Robert W. Baird also maintained a Buy rating on the stock with a $24.00 price target.

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Madrigal Pharmaceuticals (MDGL)

Citi analyst David Lebovitz maintained a Buy rating on Madrigal Pharmaceuticals yesterday and set a price target of $389.00. The company’s shares closed last Tuesday at $249.34.

According to TipRanks.com, Lebovitz is a 1-star analyst with an average return of -1.9% and a 44.1% success rate. Lebovitz covers the Healthcare sector, focusing on stocks such as Arrowhead Pharmaceuticals, Crinetics Pharmaceuticals, and BioMarin Pharmaceutical.

Currently, the analyst consensus on Madrigal Pharmaceuticals is a Strong Buy with an average price target of $391.14, representing a 55.6% upside. In a report issued on March 25, Piper Sandler also assigned a Buy rating to the stock with a $336.00 price target.

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Analysts Conflicted on These Healthcare Names: Masimo (MASI), ImmunityBio (IBRX) and Madrigal Pharmaceuticals (MDGL)

Analysts have been eager to weigh in on the Healthcare sector with new ratings on Masimo (MASIResearch Report), ImmunityBio (IBRXResearch Report) and Madrigal Pharmaceuticals (MDGLResearch Report).

Masimo (MASI)

Piper Sandler analyst Jason Bednar maintained a Hold rating on Masimo today and set a price target of $117.00. The company’s shares closed last Friday at $134.93.

According to TipRanks.com, Bednar is currently ranked with 0 stars on a 0-5 stars ranking scale, with an average return of -4.5% and a 39.6% success rate. Bednar covers the Healthcare sector, focusing on stocks such as GE Healthcare Technologies Inc, Merit Medical Systems, and Alpha Tau Medical Ltd.

The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Masimo with a $135.50 average price target, implying a 1.9% upside from current levels. In a report released today, Needham also maintained a Hold rating on the stock.

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ImmunityBio (IBRX)

In a report released today, Joseph Catanzaro from Piper Sandler maintained a Hold rating on ImmunityBio, with a price target of $5.00. The company’s shares closed last Friday at $6.07, close to its 52-week high of $6.93.

According to TipRanks.com, Catanzaro is a 5-star analyst with an average return of 13.9% and a 44.0% success rate. Catanzaro covers the Healthcare sector, focusing on stocks such as Day One Biopharmaceuticals, Iovance Biotherapeutics, and Revolution Medicines.

The word on The Street in general, suggests a Hold analyst consensus rating for ImmunityBio with a $5.00 average price target.

Madrigal Pharmaceuticals (MDGL)

In a report released today, Yasmeen Rahimi from Piper Sandler maintained a Buy rating on Madrigal Pharmaceuticals, with a price target of $336.00. The company’s shares closed last Friday at $248.20.

According to TipRanks.com, Rahimi is a 4-star analyst with an average return of 8.2% and a 38.4% success rate. Rahimi covers the Healthcare sector, focusing on stocks such as Structure Therapeutics, Inc. Sponsored ADR, NewAmsterdam Pharma Company, and Praxis Precision Medicines.

Madrigal Pharmaceuticals has an analyst consensus of Strong Buy, with a price target consensus of $391.14, representing a 51.3% upside. In a report issued on March 14, Canaccord Genuity also maintained a Buy rating on the stock with a $377.00 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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