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Analysts Offer Insights on Healthcare Companies: Celsion (CLSN), Vascular Biogenics (VBLT) and Portage Biotech Inc (PRTG)

Companies in the Healthcare sector have received a lot of coverage today as analysts weigh in on Celsion (CLSNResearch Report), Vascular Biogenics (VBLTResearch Report) and Portage Biotech Inc (PRTGResearch Report).

Celsion (CLSN)

In a report released today, Emily Bodnar from H.C. Wainwright maintained a Buy rating on Celsion, with a price target of $16.00. The company’s shares closed last Tuesday at $2.09, close to its 52-week low of $1.80.

According to TipRanks.com, Bodnar is a 1-star analyst with an average return of -3.9% and a 42.1% success rate. Bodnar covers the Healthcare sector, focusing on stocks such as TransCode Therapeutics, Olema Pharmaceuticals, and Context Therapeutics.

Celsion has an analyst consensus of Moderate Buy, with a price target consensus of $16.00.

See the top stocks recommended by analysts >>

Vascular Biogenics (VBLT)

In a report released today, Swayampakula Ramakanth from H.C. Wainwright downgraded Vascular Biogenics to Hold. The company’s shares closed last Tuesday at $2.05.

According to TipRanks.com, Ramakanth is a 1-star analyst with an average return of -0.7% and a 36.2% success rate. Ramakanth covers the Healthcare sector, focusing on stocks such as Corvus Pharmaceuticals, Janux Therapeutics Inc, and Corcept Therapeutics.

The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Vascular Biogenics with a $5.00 average price target, which is a 145.1% upside from current levels. In a report released today, Oppenheimer also downgraded the stock to Hold.

Portage Biotech Inc (PRTG)

H.C. Wainwright analyst Robert Burns reiterated a Buy rating on Portage Biotech Inc today and set a price target of $32.00. The company’s shares closed last Tuesday at $9.38.

According to TipRanks.com, Burns is currently ranked with 0 stars on a 0-5 stars ranking scale, with an average return of -18.9% and a 27.8% success rate. Burns covers the Healthcare sector, focusing on stocks such as Forma Therapeutics Holdings, Black Diamond Therapeutics, and Turning Point Therapeutics.

The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Portage Biotech Inc with a $29.00 average price target, a 220.4% upside from current levels. In a report issued on July 15, Oppenheimer also initiated coverage with a Buy rating on the stock with a $26.00 price target.

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