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Analysts Are Bullish on These Healthcare Stocks: Alpha Tau Medical Ltd (DRTS), Walgreens Boots Alliance (WBA)

There’s a lot to be optimistic about in the Healthcare sector as 3 analysts just weighed in on Alpha Tau Medical Ltd (DRTSResearch Report), Walgreens Boots Alliance (WBAResearch Report) and Cabaletta Bio (CABAResearch Report) with bullish sentiments.

Alpha Tau Medical Ltd (DRTS)

H.C. Wainwright analyst Yi Chen reiterated a Buy rating on Alpha Tau Medical Ltd today and set a price target of $9.00. The company’s shares closed last Tuesday at $3.21, close to its 52-week low of $2.75.

According to TipRanks.com, Chen ‘s ranking currently consits of 0 on a 0-5 ranking scale, with an average return of -33.5% and a 21.4% success rate. Chen covers the Healthcare sector, focusing on stocks such as OKYO Pharma Limited Sponsored ADR, Bausch + Lomb Corporation, and Barinthus Biotherapeutics.

Currently, the analyst consensus on Alpha Tau Medical Ltd is a Moderate Buy with an average price target of $8.50, representing a 178.7% upside. In a report issued on November 17, Piper Sandler also reiterated a Buy rating on the stock with a $8.00 price target.

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Walgreens Boots Alliance (WBA)

J.P. Morgan analyst Lisa Gill maintained a Buy rating on Walgreens Boots Alliance yesterday. The company’s shares closed last Tuesday at $19.98, close to its 52-week low of $19.75.

According to TipRanks.com, Gill is a 5-star analyst with an average return of 14.0% and a 61.2% success rate. Gill covers the Healthcare sector, focusing on stocks such as Lifestance Health Group, Patterson Companies, and Privia Health Group.

Walgreens Boots Alliance has an analyst consensus of Hold, with a price target consensus of $26.13.

Cabaletta Bio (CABA)

Cabaletta Bio received a Buy rating from William Blair analyst Sami Corwin today. The company’s shares closed last Tuesday at $13.69.

According to TipRanks.com, Corwin is a 1-star analyst with an average return of -5.0% and a 46.8% success rate. Corwin covers the Healthcare sector, focusing on stocks such as Rocket Pharmaceuticals, Allogene Therapeutics, and Poseida Therapeutics.

The word on The Street in general, suggests a Strong Buy analyst consensus rating for Cabaletta Bio with a $31.67 average price target, implying a 71.1% upside from current levels. In a report released yesterday, Cantor Fitzgerald also maintained a Buy rating on the stock with a $50.00 price target.

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