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Analysts Offer Insights on Healthcare Companies: Verastem (VSTM), ANI Pharmaceuticals (ANIP) and Argenx Se (ARGX)

There’s a lot to be optimistic about in the Healthcare sector as 3 analysts just weighed in on Verastem (VSTMResearch Report), ANI Pharmaceuticals (ANIPResearch Report) and Argenx Se (ARGXResearch Report) with bullish sentiments.

Verastem (VSTM)

In a report released today, Srikripa Devarakonda from Truist Financial reiterated a Buy rating on Verastem, with a price target of $34.00. The company’s shares closed last Friday at $11.85.

According to TipRanks.com, Devarakonda is a 4-star analyst with an average return of 16.2% and a 52.5% success rate. Devarakonda covers the Healthcare sector, focusing on stocks such as Edgewise Therapeutics, Scholar Rock Holding, and Bristol-Myers Squibb.

The word on The Street in general, suggests a Strong Buy analyst consensus rating for Verastem with a $29.30 average price target, implying a 149.4% upside from current levels. In a report issued on May 9, BTIG also maintained a Buy rating on the stock with a $27.00 price target.

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ANI Pharmaceuticals (ANIP)

Truist Financial analyst Les Sulewski maintained a Buy rating on ANI Pharmaceuticals today. The company’s shares closed last Friday at $68.05, close to its 52-week high of $70.81.

According to TipRanks.com, Sulewski is a 4-star analyst with an average return of 16.2% and a 73.7% success rate. Sulewski covers the Healthcare sector, focusing on stocks such as Collegium Pharmaceutical, Bausch Health Companies, and Pacira Pharmaceuticals.

Currently, the analyst consensus on ANI Pharmaceuticals is a Strong Buy with an average price target of $81.33, which is a 16.2% upside from current levels. In a report released today, H.C. Wainwright also reiterated a Buy rating on the stock with a $87.00 price target.

Argenx Se (ARGX)

Truist Financial analyst Joon Lee maintained a Buy rating on Argenx Se today. The company’s shares closed last Friday at $374.63.

According to TipRanks.com, Lee is a 5-star analyst with an average return of 23.9% and a 46.2% success rate. Lee covers the Healthcare sector, focusing on stocks such as Praxis Precision Medicines, Ultragenyx Pharmaceutical, and Adverum Biotechnologies.

Currently, the analyst consensus on Argenx Se is a Moderate Buy with an average price target of $475.79, which is a 24.3% upside from current levels. In a report issued on May 9, Wells Fargo also maintained a Buy rating on the stock with a $478.00 price target.

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