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Analysts’ Top Healthcare Picks: Aridis Pharmaceuticals (ARDS), Minerva Neurosciences (NERV)

There’s a lot to be optimistic about in the Healthcare sector as 2 analysts just weighed in on Aridis Pharmaceuticals (ARDSResearch Report) and Minerva Neurosciences (NERVResearch Report) with bullish sentiments.

Aridis Pharmaceuticals (ARDS)

In a report released today, Vernon Bernardino from H.C. Wainwright reiterated a Buy rating on Aridis Pharmaceuticals, with a price target of $19.00. The company’s shares closed last Monday at $1.48.

According to TipRanks.com, Bernardino is a 5-star analyst with an average return of 25.7% and a 36.4% success rate. Bernardino covers the Healthcare sector, focusing on stocks such as Finch Therapeutics Group, Eledon Pharmaceuticals, and Achieve Life Sciences.

The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Aridis Pharmaceuticals with a $19.00 average price target.

See Insiders’ Hot Stocks on TipRanks >>

Minerva Neurosciences (NERV)

JMP Securities analyst Jason Butler reiterated a Buy rating on Minerva Neurosciences today and set a price target of $21.00. The company’s shares closed last Monday at $4.50, close to its 52-week low of $2.51.

According to TipRanks.com, Butler has currently 0 stars on a ranking scale of 0-5 stars, with an average return of -3.0% and a 42.2% success rate. Butler covers the Healthcare sector, focusing on stocks such as Applied Molecular Transport, ACADIA Pharmaceuticals, and Aquestive Therapeutics.

Minerva Neurosciences has an analyst consensus of Moderate Buy, with a price target consensus of $13.50, which is a 310.3% upside from current levels. In a report issued on August 10, BTIG also maintained a Buy rating on the stock with a $6.00 price target.

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