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Analysts Are Bullish on Top Healthcare Stocks: Morphosys Ag (MOR), Monte Rosa Therapeutics (GLUE)

There’s a lot to be optimistic about in the Healthcare sector as 2 analysts just weighed in on Morphosys Ag (MORResearch Report) and Monte Rosa Therapeutics (GLUEResearch Report) with bullish sentiments.

Morphosys Ag (MOR)

In a report released today, Jason Butler from JMP Securities reiterated a Buy rating on Morphosys Ag, with a price target of $15.00. The company’s shares closed last Thursday at $4.00, close to its 52-week low of $3.17.

According to TipRanks.com, Butler has currently 0 stars on a ranking scale of 0-5 stars, with an average return of -9.7% and a 35.1% success rate. Butler covers the Healthcare sector, focusing on stocks such as Applied Molecular Transport, Aquestive Therapeutics, and ACADIA Pharmaceuticals.

Currently, the analyst consensus on Morphosys Ag is a Hold with an average price target of $8.95.

See the top stocks recommended by analysts >>

Monte Rosa Therapeutics (GLUE)

In a report released today, Zhiqiang Shu from Berenberg Bank maintained a Buy rating on Monte Rosa Therapeutics, with a price target of $28.00. The company’s shares closed last Thursday at $6.97, close to its 52-week low of $6.05.

According to TipRanks.com, Shu has currently 0 stars on a ranking scale of 0-5 stars, with an average return of -23.6% and a 21.1% success rate. Shu covers the Healthcare sector, focusing on stocks such as Black Diamond Therapeutics, Sarepta Therapeutics, and Blueprint Medicines.

The word on The Street in general, suggests a Strong Buy analyst consensus rating for Monte Rosa Therapeutics with a $22.75 average price target.

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