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Analysts Have Conflicting Sentiments on These Healthcare Companies: Ascendis Pharma (ASND) and Abeona Therapeutics (ABEO)

Companies in the Healthcare sector have received a lot of coverage today as analysts weigh in on Ascendis Pharma (ASNDResearch Report) and Abeona Therapeutics (ABEOResearch Report).

Ascendis Pharma (ASND)

SVB Securities analyst Joseph Schwartz maintained a Buy rating on Ascendis Pharma today and set a price target of $148.00. The company’s shares closed last Monday at $109.82.

According to TipRanks.com, Schwartz has currently 0 stars on a ranking scale of 0-5 stars, with an average return of -15.9% and a 33.2% success rate. Schwartz covers the Healthcare sector, focusing on stocks such as Applied Molecular Transport, Crinetics Pharmaceuticals, and Mereo Biopharma Group Plc.

Currently, the analyst consensus on Ascendis Pharma is a Strong Buy with an average price target of $153.27, representing a 34.1% upside. In a report issued on October 31, Berenberg Bank also maintained a Buy rating on the stock with a $166.00 price target.

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

Abeona Therapeutics (ABEO)

In a report released today, Mani Foroohar from SVB Securities maintained a Hold rating on Abeona Therapeutics, with a price target of $6.00. The company’s shares closed last Monday at $4.20, close to its 52-week low of $2.70.

According to TipRanks.com, Foroohar is currently ranked with 0 stars on a 0-5 stars ranking scale, with an average return of -12.1% and a 45.1% success rate. Foroohar covers the Healthcare sector, focusing on stocks such as Recursion Pharmaceuticals, 4D Molecular Therapeutics, and Arrowhead Pharmaceuticals.

The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Abeona Therapeutics with a $23.00 average price target.

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