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Analysts Are Bullish on Top Healthcare Stocks: Cormedix (CRMD), Achieve Life Sciences (ACHV)

There’s a lot to be optimistic about in the Healthcare sector as 2 analysts just weighed in on Cormedix (CRMDResearch Report) and Achieve Life Sciences (ACHVResearch Report) with bullish sentiments.

Cormedix (CRMD)

Needham analyst Serge Belanger maintained a Buy rating on Cormedix today and set a price target of $20.00. The company’s shares closed last Thursday at $2.98, close to its 52-week low of $2.87.

According to TipRanks.com, Belanger is a 1-star analyst with an average return of -3.4% and a 37.4% success rate. Belanger covers the Healthcare sector, focusing on stocks such as Clarus Therapeutics Holdings, Amphastar Pharmaceuticals, and Collegium Pharmaceutical.

The word on The Street in general, suggests a Strong Buy analyst consensus rating for Cormedix with a $22.00 average price target, representing a 623.7% upside. In a report released today, JMP Securities also reiterated a Buy rating on the stock with a $19.00 price target.

See the top stocks recommended by analysts >>

Achieve Life Sciences (ACHV)

In a report released today, Michael Higgins from Ladenburg Thalmann & Co. reiterated a Buy rating on Achieve Life Sciences, with a price target of $35.00. The company’s shares closed last Thursday at $6.39, close to its 52-week low of $5.62.

According to TipRanks.com, Higgins is a 2-star analyst with an average return of 0.0% and a 28.1% success rate. Higgins covers the Healthcare sector, focusing on stocks such as Eiger Biopharmaceuticals, Zynerba Pharmaceuticals, and Rhythm Pharmaceuticals.

Currently, the analyst consensus on Achieve Life Sciences is a Strong Buy with an average price target of $26.67, representing a 323.3% upside. In a report issued on April 28, H.C. Wainwright also reiterated a Buy rating on the stock with a $24.00 price target.

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