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Analysts Offer Insights on Healthcare Companies: Star Equity Holdings (STRR), Evelo Biosciences (EVLO) and 4D Molecular Therapeutics (FDMT)

There’s a lot to be optimistic about in the Healthcare sector as 3 analysts just weighed in on Star Equity Holdings (STRRResearch Report), Evelo Biosciences (EVLOResearch Report) and 4D Molecular Therapeutics (FDMTResearch Report) with bullish sentiments.

Star Equity Holdings (STRR)

Maxim Group analyst Tate Sullivan maintained a Buy rating on Star Equity Holdings yesterday and set a price target of $2.25. The company’s shares closed last Thursday at $0.84, close to its 52-week low of $0.72.

According to TipRanks.com, Sullivan is a 5-star analyst with an average return of 16.2% and a 40.0% success rate. Sullivan covers the Industrial Goods sector, focusing on stocks such as Atlis Motor Vehicles Inc Class A, Seanergy Maritime, and Exro Technologies.

Currently, the analyst consensus on Star Equity Holdings is a Moderate Buy with an average price target of $2.25.

See the top stocks recommended by analysts >>

Evelo Biosciences (EVLO)

In a report released yesterday, Gary Nachman from BMO Capital maintained a Buy rating on Evelo Biosciences, with a price target of $5.00. The company’s shares closed last Thursday at $0.30.

According to TipRanks.com, Nachman has 0 stars on 0-5 stars ranking scale with an average return of -7.7% and a 40.6% success rate. Nachman covers the Healthcare sector, focusing on stocks such as Phathom Pharmaceuticals, Bausch Health Companies, and Pacira Pharmaceuticals.

Evelo Biosciences has an analyst consensus of Hold, with a price target consensus of $2.03.

4D Molecular Therapeutics (FDMT)

In a report released yesterday, Kostas Biliouris from BMO Capital maintained a Buy rating on 4D Molecular Therapeutics, with a price target of $50.00. The company’s shares closed last Thursday at $18.36.

According to TipRanks.com, Biliouris ‘ ranking currently consits of 0 on a 0-5 ranking scale, with an average return of -16.1% and a 14.7% success rate. Biliouris covers the Healthcare sector, focusing on stocks such as BioMarin Pharmaceutical, Crispr Therapeutics AG, and Precision BioSciences.

Currently, the analyst consensus on 4D Molecular Therapeutics is a Strong Buy with an average price target of $38.00, representing an 118.8% upside. In a report released yesterday, H.C. Wainwright also reiterated a Buy rating on the stock with a $36.00 price target.

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