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Analysts Offer Insights on Healthcare Companies: Mereo Biopharma Group Plc (MREO) and PAVmed (PAVM)

Companies in the Healthcare sector have received a lot of coverage today as analysts weigh in on Mereo Biopharma Group Plc (MREOResearch Report) and PAVmed (PAVMResearch Report).

Mereo Biopharma Group Plc (MREO)

Cantor Fitzgerald analyst Kristen Kluska maintained a Buy rating on Mereo Biopharma Group Plc yesterday and set a price target of $7.00. The company’s shares closed last Wednesday at $3.17.

According to TipRanks.com, Kluska is a 5-star analyst with an average return of 28.6% and a 39.4% success rate. Kluska covers the Healthcare sector, focusing on stocks such as Ultragenyx Pharmaceutical, Capricor Therapeutics, and Taysha Gene Therapies.

Mereo Biopharma Group Plc has an analyst consensus of Strong Buy, with a price target consensus of $6.25, implying a 109.0% upside from current levels. In a report issued on April 30, BTIG also maintained a Buy rating on the stock with a $6.00 price target.

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

PAVmed (PAVM)

In a report released yesterday, Ross Osborn from Cantor Fitzgerald reiterated a Hold rating on PAVmed, with a price target of $4.00. The company’s shares closed last Wednesday at $1.90, close to its 52-week low of $1.60.

According to TipRanks.com, Osborn ‘s ranking currently consits of 0 on a 0-5 ranking scale, with an average return of -16.9% and a 26.3% success rate. Osborn covers the Healthcare sector, focusing on stocks such as Aspira Women’s Health, Lucid Diagnostics, and Prenetics Group.

PAVmed has an analyst consensus of Strong Buy, with a price target consensus of $10.75.

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