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Analysts Offer Insights on Healthcare Companies: Cogent Biosciences (COGT) and Inozyme Pharma (INZY)

There’s a lot to be optimistic about in the Healthcare sector as 2 analysts just weighed in on Cogent Biosciences (COGTResearch Report) and Inozyme Pharma (INZYResearch Report) with bullish sentiments.

Cogent Biosciences (COGT)

Needham analyst Ami Fadia maintained a Buy rating on Cogent Biosciences today and set a price target of $18.00. The company’s shares closed last Tuesday at $7.76.

According to TipRanks.com, Fadia is a 4-star analyst with an average return of 4.3% and a 45.6% success rate. Fadia covers the Healthcare sector, focusing on stocks such as Harmony Biosciences Holdings, Day One Biopharmaceuticals, and Intra-Cellular Therapies.

Cogent Biosciences has an analyst consensus of Strong Buy, with a price target consensus of $15.44, implying a 108.9% upside from current levels. In a report issued on April 29, LifeSci Capital also maintained a Buy rating on the stock with a $16.00 price target.

See the top stocks recommended by analysts >>

Inozyme Pharma (INZY)

In a report released today, Joseph Stringer from Needham reiterated a Buy rating on Inozyme Pharma, with a price target of $23.00. The company’s shares closed last Tuesday at $4.60.

According to TipRanks.com, Stringer is a 2-star analyst with an average return of 0.7% and a 38.9% success rate. Stringer covers the Healthcare sector, focusing on stocks such as Phathom Pharmaceuticals, Apellis Pharmaceuticals, and Lexicon Pharmaceuticals.

The word on The Street in general, suggests a Strong Buy analyst consensus rating for Inozyme Pharma with a $17.00 average price target, which is a 254.9% upside from current levels. In a report released yesterday, Bank of America Securities also reiterated a Buy rating on the stock with a $14.00 price target.

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