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Analysts Are Bullish on These Healthcare Stocks: Neumora Therapeutics, Inc. (NMRA), IDEAYA Biosciences (IDYA)

There’s a lot to be optimistic about in the Healthcare sector as 3 analysts just weighed in on Neumora Therapeutics, Inc. (NMRAResearch Report), IDEAYA Biosciences (IDYAResearch Report) and Pharming Group (PHGUFResearch Report) with bullish sentiments.

Neumora Therapeutics, Inc. (NMRA)

RBC Capital analyst Brian Abrahams maintained a Buy rating on Neumora Therapeutics, Inc. on May 7 and set a price target of $29.00. The company’s shares closed last Friday at $9.19, close to its 52-week low of $8.82.

According to TipRanks.com, Abrahams is a 4-star analyst with an average return of 7.3% and a 48.4% success rate. Abrahams covers the Healthcare sector, focusing on stocks such as Intra-Cellular Therapies, Karyopharm Therapeutics, and Vertex Pharmaceuticals.

Neumora Therapeutics, Inc. has an analyst consensus of Moderate Buy, with a price target consensus of $29.00.

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

IDEAYA Biosciences (IDYA)

RBC Capital analyst Gregory Renza maintained a Buy rating on IDEAYA Biosciences on May 7 and set a price target of $53.00. The company’s shares closed last Friday at $41.17.

According to TipRanks.com, Renza is a 5-star analyst with an average return of 18.7% and a 47.6% success rate. Renza covers the Healthcare sector, focusing on stocks such as Verrica Pharmaceuticals, ACADIA Pharmaceuticals, and Pacira Pharmaceuticals.

Currently, the analyst consensus on IDEAYA Biosciences is a Strong Buy with an average price target of $53.56, which is a 31.8% upside from current levels. In a report issued on May 7, Citi also maintained a Buy rating on the stock with a $60.00 price target.

Pharming Group (PHGUF)

In a report released yesterday, Alistair Campbell from RBC Capital maintained a Buy rating on Pharming Group, with a price target of EUR1.65. The company’s shares closed last Friday at $0.95, close to its 52-week low of $0.91.

According to TipRanks.com, Campbell is ranked #2298 out of 8834 analysts.

Currently, the analyst consensus on Pharming Group is a Moderate Buy with an average price target of $1.99, representing a 108.6% upside. In a report issued on May 8, Stifel Nicolaus also maintained a Buy rating on the stock with a EUR2.05 price target.

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