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Analysts Are Bullish on These Healthcare Stocks: Exelixis (EXEL), Cyclo Therapeutics (CYTH)

There’s a lot to be optimistic about in the Healthcare sector as 3 analysts just weighed in on Exelixis (EXELResearch Report), Cyclo Therapeutics (CYTHResearch Report) and Xoma (XOMAResearch Report) with bullish sentiments.

Exelixis (EXEL)

In a report released today, Kaveri Pohlman from BTIG reiterated a Buy rating on Exelixis, with a price target of $27.00. The company’s shares closed last Tuesday at $23.46, close to its 52-week high of $24.34.

According to TipRanks.com, Pohlman is a 4-star analyst with an average return of 5.9% and a 31.5% success rate. Pohlman covers the Healthcare sector, focusing on stocks such as Sonnet BioTherapeutics Holdings, Janux Therapeutics Inc, and Mersana Therapeutics.

Exelixis has an analyst consensus of Moderate Buy, with a price target consensus of $26.53, an 11.9% upside from current levels. In a report released yesterday, Wells Fargo also maintained a Buy rating on the stock with a $28.00 price target.

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

Cyclo Therapeutics (CYTH)

H.C. Wainwright analyst Swayampakula Ramakanth initiated coverage with a Buy rating on Cyclo Therapeutics today and set a price target of $3.00. The company’s shares closed last Tuesday at $1.46.

According to TipRanks.com, Ramakanth is a 3-star analyst with an average return of 2.2% and a 32.7% success rate. Ramakanth covers the Healthcare sector, focusing on stocks such as ImmunoPrecise Antibodies, Janux Therapeutics Inc, and ALX Oncology Holdings.

Currently, the analyst consensus on Cyclo Therapeutics is a Strong Buy with an average price target of $3.20, which is a 120.7% upside from current levels. In a report issued on April 22, Ascendiant also initiated coverage with a Buy rating on the stock with a $2.60 price target.

Xoma (XOMA)

In a report released today, Joseph Pantginis from H.C. Wainwright reiterated a Buy rating on Xoma, with a price target of $74.00. The company’s shares closed last Tuesday at $25.34, close to its 52-week high of $27.00.

According to TipRanks.com, Pantginis is a 5-star analyst with an average return of 9.9% and a 38.0% success rate. Pantginis covers the Healthcare sector, focusing on stocks such as Genenta Science SpA Sponsored ADR, Bioline RX Ltd Sponsored ADR, and Cadrenal Therapeutics, Inc.

The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Xoma with a $57.00 average price target, which is an 119.9% upside from current levels. In a report issued on April 29, Leerink Partners also initiated coverage with a Buy rating on the stock with a $40.00 price target.

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