tiprankstipranks
Blurbs

Analysts Offer Insights on Healthcare Companies: Cronos Group (CRON), Travere Therapeutics (TVTX) and Ascendis Pharma (ASND)

Companies in the Healthcare sector have received a lot of coverage today as analysts weigh in on Cronos Group (CRONResearch Report), Travere Therapeutics (TVTXResearch Report) and Ascendis Pharma (ASNDResearch Report).

Cronos Group (CRON)

Bank of America Securities analyst Lisa Lewandowski reiterated a Sell rating on Cronos Group yesterday and set a price target of $1.55. The company’s shares closed last Wednesday at $1.75, close to its 52-week low of $1.67.

Lewandowski has an average return of 28.6% when recommending Cronos Group.

According to TipRanks.com, Lewandowski is ranked #1222 out of 8379 analysts.

Currently, the analyst consensus on Cronos Group is a Hold with an average price target of $2.53.

See today’s best-performing stocks on TipRanks >>

Travere Therapeutics (TVTX)

Bank of America Securities analyst Greg Harrison maintained a Buy rating on Travere Therapeutics yesterday and set a price target of $39.00. The company’s shares closed last Wednesday at $17.89.

According to TipRanks.com, Harrison is a 3-star analyst with an average return of 1.6% and a 37.8% success rate. Harrison covers the Healthcare sector, focusing on stocks such as Mineralys Therapeutics, Inc., BioMarin Pharmaceutical, and Rocket Pharmaceuticals.

The word on The Street in general, suggests a Strong Buy analyst consensus rating for Travere Therapeutics with a $28.62 average price target, which is a 73.6% upside from current levels. In a report issued on May 22, TD Cowen also initiated coverage with a Buy rating on the stock with a $30.00 price target.

Ascendis Pharma (ASND)

In a report released yesterday, Tazeen Ahmad from Bank of America Securities maintained a Buy rating on Ascendis Pharma, with a price target of $107.00. The company’s shares closed last Wednesday at $86.97.

According to TipRanks.com, Ahmad is a 5-star analyst with an average return of 9.6% and a 50.8% success rate. Ahmad covers the Healthcare sector, focusing on stocks such as Praxis Precision Medicines, 4D Molecular Therapeutics, and Ultragenyx Pharmaceutical.

Currently, the analyst consensus on Ascendis Pharma is a Strong Buy with an average price target of $135.50, representing a 58.2% upside. In a report released yesterday, Goldman Sachs also maintained a Buy rating on the stock.

TipRanks has tracked 36,000 company insiders and found that a few of them are better than others when it comes to timing their transactions. See which 3 stocks are most likely to make moves following their insider activities.

Read More on CRON:

Trending

Name
Price
Price Change
S&P 500
Dow Jones
Nasdaq 100
Bitcoin

Popular Articles