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Analysts Offer Insights on Healthcare Companies: Cardiol Therapeutics (CRDL), Biogen (BIIB) and Nurix Therapeutics (NRIX)

There’s a lot to be optimistic about in the Healthcare sector as 3 analysts just weighed in on Cardiol Therapeutics (CRDLResearch Report), Biogen (BIIBResearch Report) and Nurix Therapeutics (NRIXResearch Report) with bullish sentiments.

Cardiol Therapeutics (CRDL)

In a report issued on February 16, Edward Nash from Canaccord Genuity maintained a Buy rating on Cardiol Therapeutics, with a price target of $6.00. The company’s shares closed last Friday at $1.43, close to its 52-week high of $1.48.

According to TipRanks.com, Nash is a 2-star analyst with an average return of -0.2% and a 36.5% success rate. Nash covers the Healthcare sector, focusing on stocks such as Rani Therapeutics Holdings, Travere Therapeutics, and Corcept Therapeutics.

The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Cardiol Therapeutics with a $6.00 average price target.

See the top stocks recommended by analysts >>

Biogen (BIIB)

In a report issued on February 16, Sumant Kulkarni from Canaccord Genuity maintained a Buy rating on Biogen, with a price target of $305.00. The company’s shares closed last Friday at $219.08, close to its 52-week low of $217.53.

According to TipRanks.com, Kulkarni is a 4-star analyst with an average return of 4.4% and a 43.5% success rate. Kulkarni covers the Healthcare sector, focusing on stocks such as ACADIA Pharmaceuticals, Zevra Therapeutics, and Cara Therapeutics.

Biogen has an analyst consensus of Moderate Buy, with a price target consensus of $298.96, representing a 35.2% upside. In a report issued on February 6, Jefferies also maintained a Buy rating on the stock with a $300.00 price target.

Nurix Therapeutics (NRIX)

In a report released today, Matthew Biegler from Oppenheimer maintained a Buy rating on Nurix Therapeutics, with a price target of $25.00. The company’s shares closed last Friday at $9.87.

According to TipRanks.com, Biegler is a 3-star analyst with an average return of 2.1% and a 37.2% success rate. Biegler covers the Healthcare sector, focusing on stocks such as Arvinas Holding Company, Alpine Immune Sciences, and Olema Pharmaceuticals.

Nurix Therapeutics has an analyst consensus of Strong Buy, with a price target consensus of $25.40, implying a 174.6% upside from current levels. In a report issued on February 5, Piper Sandler also maintained a Buy rating on the stock with a $35.00 price target.

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