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Analysts Are Bullish on These Healthcare Stocks: Trevi Therapeutics (TRVI), Pliant Therapeutics (PLRX)

There’s a lot to be optimistic about in the Healthcare sector as 3 analysts just weighed in on Trevi Therapeutics (TRVIResearch Report), Pliant Therapeutics (PLRXResearch Report) and X4 Pharmaceuticals (XFORResearch Report) with bullish sentiments.

Trevi Therapeutics (TRVI)

In a report released today, Leland Gershell from Oppenheimer initiated coverage with a Buy rating on Trevi Therapeutics and a price target of $9.00. The company’s shares closed last Friday at $1.39, close to its 52-week low of $1.26.

According to TipRanks.com, Gershell is a 1-star analyst with an average return of -2.7% and a 33.9% success rate. Gershell covers the Healthcare sector, focusing on stocks such as Milestone Pharmaceuticals, Crinetics Pharmaceuticals, and BioMarin Pharmaceutical.

The word on The Street in general, suggests a Strong Buy analyst consensus rating for Trevi Therapeutics with a $7.33 average price target, representing a 419.9% upside. In a report issued on November 2, JonesTrading also maintained a Buy rating on the stock with a $7.00 price target.

See Insiders’ Hot Stocks on TipRanks >>

Pliant Therapeutics (PLRX)

In a report released today, Yasmeen Rahimi from Piper Sandler initiated coverage with a Buy rating on Pliant Therapeutics and a price target of $40.00. The company’s shares closed last Friday at $14.52, close to its 52-week low of $13.04.

According to TipRanks.com, Rahimi is a 3-star analyst with an average return of 1.2% and a 33.1% success rate. Rahimi covers the Healthcare sector, focusing on stocks such as Structure Therapeutics, Inc. Sponsored ADR, Sagimet Biosciences, Inc. Class A, and Crinetics Pharmaceuticals.

The word on The Street in general, suggests a Strong Buy analyst consensus rating for Pliant Therapeutics with a $47.80 average price target, implying a 206.0% upside from current levels. In a report issued on November 7, H.C. Wainwright also maintained a Buy rating on the stock with a $52.00 price target.

X4 Pharmaceuticals (XFOR)

Piper Sandler analyst Edward Tenthoff reiterated a Buy rating on X4 Pharmaceuticals today and set a price target of $3.00. The company’s shares closed last Friday at $0.81, close to its 52-week low of $0.65.

According to TipRanks.com, Tenthoff is a 4-star analyst with an average return of 3.6% and a 34.0% success rate. Tenthoff covers the Healthcare sector, focusing on stocks such as Milestone Pharmaceuticals, Arrowhead Pharmaceuticals, and Arvinas Holding Company.

The word on The Street in general, suggests a Strong Buy analyst consensus rating for X4 Pharmaceuticals with a $3.00 average price target, which is a 278.9% upside from current levels. In a report released yesterday, TD Cowen also maintained a Buy rating on the stock.

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