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Analysts Offer Insights on Healthcare Companies: Amylyx Pharmaceuticals Inc (AMLX), Wave Life Sciences (WVE) and GoodRx Holdings (GDRX)

Analysts have been eager to weigh in on the Healthcare sector with new ratings on Amylyx Pharmaceuticals Inc (AMLXResearch Report), Wave Life Sciences (WVEResearch Report) and GoodRx Holdings (GDRXResearch Report).

Amylyx Pharmaceuticals Inc (AMLX)

In a report issued on May 9, Marc Goodman from Leerink Partners maintained a Hold rating on Amylyx Pharmaceuticals Inc, with a price target of $4.00. The company’s shares closed last Monday at $1.82, close to its 52-week low of $1.70.

According to TipRanks.com, Goodman is a 4-star analyst with an average return of 2.7% and a 43.6% success rate. Goodman covers the Healthcare sector, focusing on stocks such as Opthea Limited Sponsored ADR, Intra-Cellular Therapies, and ACADIA Pharmaceuticals.

The word on The Street in general, suggests a Hold analyst consensus rating for Amylyx Pharmaceuticals Inc with a $4.25 average price target, representing a 136.1% upside. In a report issued on May 9, Robert W. Baird also maintained a Hold rating on the stock with a $3.00 price target.

See the top stocks recommended by analysts >>

Wave Life Sciences (WVE)

Mizuho Securities analyst Salim Syed maintained a Buy rating on Wave Life Sciences on May 9 and set a price target of $19.00. The company’s shares closed last Monday at $5.69.

According to TipRanks.com, Syed has currently 0 stars on a ranking scale of 0-5 stars, with an average return of -6.1% and a 38.6% success rate. Syed covers the Healthcare sector, focusing on stocks such as Crispr Therapeutics AG, Atara Biotherapeutics, and Assembly Biosciences.

Currently, the analyst consensus on Wave Life Sciences is a Strong Buy with an average price target of $12.20, implying an 113.3% upside from current levels. In a report issued on May 10, H.C. Wainwright also maintained a Buy rating on the stock with a $15.00 price target.

GoodRx Holdings (GDRX)

Leerink Partners analyst Michael Cherny assigned a Buy rating to GoodRx Holdings on May 9 and set a price target of $11.00. The company’s shares closed last Monday at $6.70.

According to TipRanks.com, Cherny is a 3-star analyst with an average return of 3.3% and a 48.5% success rate. Cherny covers the Healthcare sector, focusing on stocks such as Walgreens Boots Alliance, Patterson Companies, and Hims & Hers Health.

Currently, the analyst consensus on GoodRx Holdings is a Moderate Buy with an average price target of $9.12, implying a 37.8% upside from current levels. In a report issued on May 9, Wells Fargo also maintained a Buy rating on the stock with a $10.00 price target.

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