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Analysts Offer Insights on Healthcare Companies: Valneva (VALN), Denali Therapeutics (DNLI) and Armata Pharmaceuticals (ARMP)

There’s a lot to be optimistic about in the Healthcare sector as 3 analysts just weighed in on Valneva (VALNResearch Report), Denali Therapeutics (DNLIResearch Report) and Armata Pharmaceuticals (ARMPResearch Report) with bullish sentiments.

Valneva (VALN)

H.C. Wainwright analyst Edward White reiterated a Buy rating on Valneva today and set a price target of $26.00. The company’s shares closed last Tuesday at $7.50, close to its 52-week low of $6.58.

According to TipRanks.com, White has currently 0 stars on a ranking scale of 0-5 stars, with an average return of -10.7% and a 32.7% success rate. White covers the Healthcare sector, focusing on stocks such as 60 Degrees Pharmaceuticals, Inc., Karyopharm Therapeutics, and Inhibikase Therapeutics.

Currently, the analyst consensus on Valneva is a Moderate Buy with an average price target of $26.00.

See the top stocks recommended by analysts >>

Denali Therapeutics (DNLI)

In a report released today, Andrew Fein from H.C. Wainwright maintained a Buy rating on Denali Therapeutics, with a price target of $95.00. The company’s shares closed last Tuesday at $16.85, close to its 52-week low of $14.56.

According to TipRanks.com, Fein is a 5-star analyst with an average return of 12.6% and a 47.3% success rate. Fein covers the Healthcare sector, focusing on stocks such as DBV Technologies SA – American, Amylyx Pharmaceuticals Inc, and KalVista Pharmaceuticals.

The word on The Street in general, suggests a Strong Buy analyst consensus rating for Denali Therapeutics with a $44.60 average price target, a 156.8% upside from current levels. In a report issued on May 1, BTIG also maintained a Buy rating on the stock with a $35.00 price target.

Armata Pharmaceuticals (ARMP)

In a report released today, Michael Higgins from Ladenburg Thalmann & Co. reiterated a Buy rating on Armata Pharmaceuticals, with a price target of $9.00. The company’s shares closed last Tuesday at $2.86.

According to TipRanks.com, Higgins is a 4-star analyst with an average return of 3.7% and a 34.1% success rate. Higgins covers the Healthcare sector, focusing on stocks such as Rhythm Pharmaceuticals, Viridian Therapeutics, and Achieve Life Sciences.

Currently, the analyst consensus on Armata Pharmaceuticals is a Moderate Buy with an average price target of $8.00, a 192.0% upside from current levels. In a report released today, H.C. Wainwright also maintained a Buy rating on the stock with a $7.00 price target.

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