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Analysts Offer Insights on Healthcare Companies: Avita Medical (RCEL) and Better Therapeutics, Inc. (BTTX)

There’s a lot to be optimistic about in the Healthcare sector as 2 analysts just weighed in on Avita Medical (RCELResearch Report) and Better Therapeutics, Inc. (BTTXResearch Report) with bullish sentiments.

Avita Medical (RCEL)

In a report released yesterday, Ryan Zimmerman from BTIG reiterated a Buy rating on Avita Medical, with a price target of $16.00. The company’s shares closed last Thursday at $7.89.

According to TipRanks.com, Zimmerman is a 4-star analyst with an average return of 8.8% and a 45.8% success rate. Zimmerman covers the Healthcare sector, focusing on stocks such as Tactile Systems Technology, Treace Medical Concepts, and Organogenesis Holdings.

Currently, the analyst consensus on Avita Medical is a Moderate Buy with an average price target of $16.00.

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

Better Therapeutics, Inc. (BTTX)

In a report released yesterday, Keay Nakae from Chardan Capital maintained a Buy rating on Better Therapeutics, Inc., with a price target of $17.00. The company’s shares closed last Thursday at $1.79, close to its 52-week low of $0.91.

According to TipRanks.com, Nakae is a 4-star analyst with an average return of 7.7% and a 41.5% success rate. Nakae covers the Healthcare sector, focusing on stocks such as Arrowhead Pharmaceuticals, Emergent Biosolutions, and NeuBase Therapeutics.

Better Therapeutics, Inc. has an analyst consensus of Moderate Buy, with a price target consensus of $15.00, representing a 702.1% upside. In a report issued on July 29, LifeSci Capital also maintained a Buy rating on the stock with a $15.00 price target.

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