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Analysts Offer Insights on Healthcare Companies: Avadel Pharmaceuticals (AVDL), Akero Therapeutics (AKRO) and Madrigal Pharmaceuticals (MDGL)

There’s a lot to be optimistic about in the Healthcare sector as 3 analysts just weighed in on Avadel Pharmaceuticals (AVDLResearch Report), Akero Therapeutics (AKROResearch Report) and Madrigal Pharmaceuticals (MDGLResearch Report) with bullish sentiments.

Avadel Pharmaceuticals (AVDL)

In a report released today, Francois Brisebois from Oppenheimer maintained a Buy rating on Avadel Pharmaceuticals, with a price target of $29.00. The company’s shares closed last Friday at $16.52.

According to TipRanks.com, Brisebois is ranked 0 out of 5 stars with an average return of -3.5% and a 35.4% success rate. Brisebois covers the Healthcare sector, focusing on stocks such as Harmony Biosciences Holdings, Tarsus Pharmaceuticals, and Sensei Biotherapeutics.

Avadel Pharmaceuticals has an analyst consensus of Strong Buy, with a price target consensus of $24.29, which is a 54.0% upside from current levels. In a report issued on May 8, Leerink Partners also reiterated a Buy rating on the stock with a $20.00 price target.

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

Akero Therapeutics (AKRO)

In a report released today, Rami Katkhuda from LifeSci Capital maintained a Buy rating on Akero Therapeutics, with a price target of $60.00. The company’s shares closed last Friday at $19.65.

According to TipRanks.com, Katkhuda is a 4-star analyst with an average return of 17.5% and a 32.6% success rate. Katkhuda covers the Healthcare sector, focusing on stocks such as Mineralys Therapeutics, Inc., MoonLake Immunotherapeutics, and Calliditas Therapeutics.

The word on The Street in general, suggests a Strong Buy analyst consensus rating for Akero Therapeutics with a $48.22 average price target, representing a 125.9% upside. In a report released yesterday, Canaccord Genuity also maintained a Buy rating on the stock with a $56.00 price target.

Madrigal Pharmaceuticals (MDGL)

In a report released today, Jay Olson from Oppenheimer maintained a Buy rating on Madrigal Pharmaceuticals, with a price target of $375.00. The company’s shares closed last Friday at $205.25.

According to TipRanks.com, Olson is a 5-star analyst with an average return of 17.5% and a 43.3% success rate. Olson covers the Healthcare sector, focusing on stocks such as ACADIA Pharmaceuticals, Cognition Therapeutics, and Crispr Therapeutics AG.

Currently, the analyst consensus on Madrigal Pharmaceuticals is a Strong Buy with an average price target of $367.93, a 78.3% upside from current levels. In a report issued on May 7, Citi also maintained a Buy rating on the stock with a $382.00 price target.

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