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Analysts Offer Insights on Healthcare Companies: Bioxcel Therapeutics (BTAI), Spruce Biosciences (SPRB) and Alpha Tau Medical Ltd (DRTS)

There’s a lot to be optimistic about in the Healthcare sector as 3 analysts just weighed in on Bioxcel Therapeutics (BTAIResearch Report), Spruce Biosciences (SPRBResearch Report) and Alpha Tau Medical Ltd (DRTSResearch Report) with bullish sentiments.

Bioxcel Therapeutics (BTAI)

In a report released today, Ram Selvaraju from H.C. Wainwright reiterated a Buy rating on Bioxcel Therapeutics, with a price target of $11.00. The company’s shares closed last Thursday at $4.38, close to its 52-week low of $3.82.

According to TipRanks.com, Selvaraju ‘s ranking currently consits of 0 on a 0-5 ranking scale, with an average return of -7.0% and a 33.0% success rate. Selvaraju covers the Healthcare sector, focusing on stocks such as Santhera Pharmaceuticals Holding, Reviva Pharmaceuticals Holdings, and MoonLake Immunotherapeutics.

Currently, the analyst consensus on Bioxcel Therapeutics is a Moderate Buy with an average price target of $14.17, which is a 241.4% upside from current levels. In a report issued on August 15, Truist Financial also maintained a Buy rating on the stock with a $31.00 price target.

See the top stocks recommended by analysts >>

Spruce Biosciences (SPRB)

H.C. Wainwright analyst Boobalan Pachaiyappan reiterated a Buy rating on Spruce Biosciences today and set a price target of $10.00. The company’s shares closed last Thursday at $2.33.

According to TipRanks.com, Pachaiyappan is a 1-star analyst with an average return of -10.0% and a 40.0% success rate. Pachaiyappan covers the Healthcare sector, focusing on stocks such as Entrada Therapeutics Inc, Ensysce Biosciences, and Galera Therapeutics.

Spruce Biosciences has an analyst consensus of Strong Buy, with a price target consensus of $8.50, which is a 281.2% upside from current levels. In a report issued on August 14, RBC Capital also maintained a Buy rating on the stock with a $8.00 price target.

Alpha Tau Medical Ltd (DRTS)

In a report released today, Yi Chen from H.C. Wainwright reiterated a Buy rating on Alpha Tau Medical Ltd, with a price target of $9.00. The company’s shares closed last Thursday at $3.60, close to its 52-week low of $2.75.

According to TipRanks.com, Chen has currently 0 stars on a ranking scale of 0-5 stars, with an average return of -30.5% and a 24.7% success rate. Chen covers the Healthcare sector, focusing on stocks such as Bausch + Lomb Corporation, EyePoint Pharmaceuticals, and Aslan Pharmaceuticals.

Alpha Tau Medical Ltd has an analyst consensus of Strong Buy, with a price target consensus of $11.33.

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