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Analysts Offer Insights on Healthcare Companies: Equillium (EQ), Hims & Hers Health (HIMS) and Axsome Therapeutics (AXSM)

Analysts have been eager to weigh in on the Healthcare sector with new ratings on Equillium (EQResearch Report), Hims & Hers Health (HIMSResearch Report) and Axsome Therapeutics (AXSMResearch Report).

Equillium (EQ)

Leerink Partners analyst Thomas Smith reiterated a Buy rating on Equillium on October 22 and set a price target of $7.00. The company’s shares closed last Tuesday at $0.54, close to its 52-week low of $0.48.

According to TipRanks.com, Smith is a top 100 analyst with an average return of 33.2% and a 40.4% success rate. Smith covers the Healthcare sector, focusing on stocks such as MoonLake Immunotherapeutics, Connect Biopharma Holdings, and Madrigal Pharmaceuticals.

Currently, the analyst consensus on Equillium is a Strong Buy with an average price target of $6.83.

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

Hims & Hers Health (HIMS)

In a report issued on October 20, Jailendra Singh from Truist Financial maintained a Hold rating on Hims & Hers Health, with a price target of $10.00. The company’s shares closed last Tuesday at $6.26.

According to TipRanks.com, Singh is currently ranked with 0 stars on a 0-5 stars ranking scale, with an average return of -15.8% and a 28.9% success rate. Singh covers the Healthcare sector, focusing on stocks such as Privia Health Group, NextGen Healthcare, and GoodRx Holdings.

The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Hims & Hers Health with a $12.63 average price target.

Axsome Therapeutics (AXSM)

Mizuho Securities analyst Graig Suvannavejh maintained a Buy rating on Axsome Therapeutics on October 20 and set a price target of $100.00. The company’s shares closed last Tuesday at $63.72.

According to TipRanks.com, Suvannavejh has currently 0 stars on a ranking scale of 0-5 stars, with an average return of -14.0% and a 32.2% success rate. Suvannavejh covers the Healthcare sector, focusing on stocks such as Cerevel Therapeutics Holdings, Harmony Biosciences Holdings, and Amylyx Pharmaceuticals Inc.

Axsome Therapeutics has an analyst consensus of Strong Buy, with a price target consensus of $118.17, implying an 86.9% upside from current levels. In a report issued on October 8, Truist Financial also maintained a Buy rating on the stock with a $150.00 price target.

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