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Analysts Offer Insights on Healthcare Companies: BioMarin Pharmaceutical (BMRN), Harmony Biosciences Holdings (HRMY) and Cronos Group (CRON)

Analysts have been eager to weigh in on the Healthcare sector with new ratings on BioMarin Pharmaceutical (BMRNResearch Report), Harmony Biosciences Holdings (HRMYResearch Report) and Cronos Group (CRONResearch Report).

BioMarin Pharmaceutical (BMRN)

In a report released yesterday, Geoff Meacham from Bank of America Securities maintained a Buy rating on BioMarin Pharmaceutical, with a price target of $185.00. The company’s shares closed last Tuesday at $81.45, close to its 52-week low of $80.14.

According to TipRanks.com, Meacham is a 4-star analyst with an average return of 2.5% and a 49.1% success rate. Meacham covers the Healthcare sector, focusing on stocks such as Amylyx Pharmaceuticals Inc, Rani Therapeutics Holdings, and Neumora Therapeutics, Inc.

Currently, the analyst consensus on BioMarin Pharmaceutical is a Moderate Buy with an average price target of $110.91, which is a 37.2% upside from current levels. In a report issued on October 25, Piper Sandler also maintained a Buy rating on the stock with a $125.00 price target.

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

Harmony Biosciences Holdings (HRMY)

In a report released yesterday, Jason Gerberry from Bank of America Securities reiterated a Hold rating on Harmony Biosciences Holdings, with a price target of $28.00. The company’s shares closed last Tuesday at $23.54, close to its 52-week low of $18.61.

According to TipRanks.com, Gerberry is a 1-star analyst with an average return of -1.4% and a 42.0% success rate. Gerberry covers the Healthcare sector, focusing on stocks such as Bausch Health Companies, Tarsus Pharmaceuticals, and Allogene Therapeutics.

Harmony Biosciences Holdings has an analyst consensus of Moderate Buy, with a price target consensus of $42.00.

Cronos Group (CRON)

In a report released yesterday, Lisa Lewandowski from Bank of America Securities reiterated a Sell rating on Cronos Group, with a price target of $1.55. The company’s shares closed last Tuesday at $1.81, close to its 52-week low of $1.64.

Lewandowski has an average return of 25.7% when recommending Cronos Group.

According to TipRanks.com, Lewandowski is ranked #724 out of 8565 analysts.

Currently, the analyst consensus on Cronos Group is a Hold with an average price target of $2.47.

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