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Analysts Conflicted on These Healthcare Names: Cardiol Therapeutics (CRDL) and MicroPort Scientific (OtherMCRPF)

Companies in the Healthcare sector have received a lot of coverage today as analysts weigh in on Cardiol Therapeutics (CRDLResearch Report) and MicroPort Scientific (MCRPFResearch Report).

Cardiol Therapeutics (CRDL)

H.C. Wainwright analyst Vernon Bernardino reiterated a Buy rating on Cardiol Therapeutics today and set a price target of $9.00. The company’s shares closed last Monday at $2.18, close to its 52-week high of $2.24.

According to TipRanks.com, Bernardino is a 4-star analyst with an average return of 11.0% and a 26.9% success rate. Bernardino covers the Healthcare sector, focusing on stocks such as Citius Pharmaceuticals, Eledon Pharmaceuticals, and Phio Pharmaceuticals.

Currently, the analyst consensus on Cardiol Therapeutics is a Moderate Buy with an average price target of $7.50.

See the top stocks recommended by analysts >>

MicroPort Scientific (MCRPF)

DBS analyst Nico Chen downgraded MicroPort Scientific to Hold today and set a price target of HK$7.30. The company’s shares closed last Thursday at $0.93, close to its 52-week low of $0.70.

According to TipRanks.com, Chen is a 2-star analyst with an average return of 0.0% and a 42.9% success rate. Chen covers the Healthcare sector, focusing on stocks such as Shandong Weigao Group Medical Polymer Co, West Pharmaceutical Services, and Wuxi Biologics (Cayman).

Currently, the analyst consensus on MicroPort Scientific is a Hold with an average price target of $0.98, which is a 5.4% upside from current levels. In a report issued on May 3, Morgan Stanley also maintained a Hold rating on the stock with a HK$9.00 price target.

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