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Analysts Offer Insights on Healthcare Companies: Evofem Biosciences (OtherEVFM), Greenwich LifeSciences (GLSI) and Chinook Therapeutics (KDNY)

There’s a lot to be optimistic about in the Healthcare sector as 3 analysts just weighed in on Evofem Biosciences (EVFMResearch Report), Greenwich LifeSciences (GLSIResearch Report) and Chinook Therapeutics (KDNYResearch Report) with bullish sentiments.

Evofem Biosciences (EVFM)

In a report released today, Ram Selvaraju from H.C. Wainwright reiterated a Buy rating on Evofem Biosciences, with a price target of $4.00. The company’s shares closed last Friday at $0.41, close to its 52-week low of $0.28.

According to TipRanks.com, Selvaraju has 0 stars on 0-5 stars ranking scale with an average return of -30.1% and a 23.9% success rate. Selvaraju covers the Healthcare sector, focusing on stocks such as Santhera Pharmaceuticals Holding AG, MoonLake Immunotherapeutics, and Aquestive Therapeutics.

Evofem Biosciences has an analyst consensus of Moderate Buy, with a price target consensus of $2.56.

See the top stocks recommended by analysts >>

Greenwich LifeSciences (GLSI)

H.C. Wainwright analyst Yi Chen reiterated a Buy rating on Greenwich LifeSciences today and set a price target of $78.00. The company’s shares closed last Friday at $9.60, close to its 52-week low of $6.82.

According to TipRanks.com, Chen is ranked 0 out of 5 stars with an average return of -6.7% and a 36.1% success rate. Chen covers the Healthcare sector, focusing on stocks such as Interpace Diagnostics Group, HTG Molecular Diagnostics, and EyePoint Pharmaceuticals.

The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Greenwich LifeSciences with a $78.00 average price target.

Chinook Therapeutics (KDNY)

In a report released today, Ed Arce from H.C. Wainwright maintained a Buy rating on Chinook Therapeutics, with a price target of $32.00. The company’s shares closed last Friday at $20.64, close to its 52-week high of $21.11.

According to TipRanks.com, Arce is a 4-star analyst with an average return of 8.3% and a 39.9% success rate. Arce covers the Healthcare sector, focusing on stocks such as Madrigal Pharmaceuticals, Paratek Pharmaceuticals, and Aurinia Pharmaceuticals.

Currently, the analyst consensus on Chinook Therapeutics is a Strong Buy with an average price target of $34.40, implying a 70.1% upside from current levels. In a report issued on August 9, SVB Securities also reiterated a Buy rating on the stock with a $44.00 price target.

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