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Analysts Are Bullish on Top Healthcare Stocks: Arcutis Biotherapeutics (ARQT), Stereotaxis (STXS)

There’s a lot to be optimistic about in the Healthcare sector as 3 analysts just weighed in on Arcutis Biotherapeutics (ARQTResearch Report), Stereotaxis (STXSResearch Report) and NeoGenomics (NEOResearch Report) with bullish sentiments.

Arcutis Biotherapeutics (ARQT)

Mizuho Securities analyst Uy Ear maintained a Buy rating on Arcutis Biotherapeutics today and set a price target of $57.00. The company’s shares closed last Thursday at $10.22, close to its 52-week low of $7.25.

According to TipRanks.com, Ear is a 4-star analyst with an average return of 12.3% and a 37.9% success rate. Ear covers the Healthcare sector, focusing on stocks such as Satsuma Pharmaceuticals, ACADIA Pharmaceuticals, and Relmada Therapeutics.

Currently, the analyst consensus on Arcutis Biotherapeutics is a Strong Buy with an average price target of $44.00.

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

NeoGenomics (NEO)

Craig-Hallum analyst Alexander Nowak maintained a Buy rating on NeoGenomics today. The company’s shares closed last Thursday at $16.24.

According to TipRanks.com, Nowak is a 2-star analyst with an average return of -0.3% and a 42.1% success rate. Nowak covers the Healthcare sector, focusing on stocks such as NeuroOne Medical Technologies, InfuSystem Holdings, Inc., and Phathom Pharmaceuticals.

The word on The Street in general, suggests a Moderate Buy analyst consensus rating for NeoGenomics with a $20.86 average price target, implying a 26.7% upside from current levels. In a report issued on June 5, SVB Securities also maintained a Buy rating on the stock.

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