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Analysts’ Top Healthcare Picks: Neumora Therapeutics, Inc. (NMRA), Amylyx Pharmaceuticals Inc (AMLX)

There’s a lot to be optimistic about in the Healthcare sector as 2 analysts just weighed in on Neumora Therapeutics, Inc. (NMRAResearch Report) and Amylyx Pharmaceuticals Inc (AMLXResearch Report) with bullish sentiments.

Neumora Therapeutics, Inc. (NMRA)

Needham analyst Ami Fadia maintained a Buy rating on Neumora Therapeutics, Inc. today and set a price target of $23.00. The company’s shares closed last Thursday at $16.96.

According to TipRanks.com, Fadia is a 4-star analyst with an average return of 6.6% and a 49.2% success rate. Fadia covers the Healthcare sector, focusing on stocks such as Harmony Biosciences Holdings, Day One Biopharmaceuticals, and Praxis Precision Medicines.

Currently, the analyst consensus on Neumora Therapeutics, Inc. is a Strong Buy with an average price target of $26.00, a 54.8% upside from current levels. In a report issued on October 11, Stifel Nicolaus also maintained a Buy rating on the stock with a $26.00 price target.

See Insiders’ Hot Stocks on TipRanks >>

Amylyx Pharmaceuticals Inc (AMLX)

In a report released today, Andrew Fein from H.C. Wainwright maintained a Buy rating on Amylyx Pharmaceuticals Inc, with a price target of $8.00. The company’s shares closed last Thursday at $3.92, close to its 52-week low of $1.58.

According to TipRanks.com, Fein is a 5-star analyst with an average return of 12.2% and a 47.7% success rate. Fein covers the Healthcare sector, focusing on stocks such as Zentalis Pharmaceuticals, KalVista Pharmaceuticals, and Arvinas Holding Company.

The word on The Street in general, suggests a Hold analyst consensus rating for Amylyx Pharmaceuticals Inc with a $4.67 average price target.

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