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Analysts Offer Insights on Healthcare Companies: Incyte (INCY) and Aerovate Therapeutics (AVTE)

Companies in the Healthcare sector have received a lot of coverage today as analysts weigh in on Incyte (INCYResearch Report) and Aerovate Therapeutics (AVTEResearch Report).

Incyte (INCY)

In a report released today, Mara Goldstein from Mizuho Securities maintained a Hold rating on Incyte, with a price target of $95.00. The company’s shares closed last Friday at $82.34, close to its 52-week high of $84.86.

According to TipRanks.com, Goldstein is a 3-star analyst with an average return of 1.8% and a 37.1% success rate. Goldstein covers the Healthcare sector, focusing on stocks such as Adaptimmune Therapeutics, Iovance Biotherapeutics, and Neoleukin Therapeutics.

Currently, the analyst consensus on Incyte is a Hold with an average price target of $84.00.

See the top stocks recommended by analysts >>

Aerovate Therapeutics (AVTE)

In a report released today, Andreas Argyrides from Wedbush reiterated a Buy rating on Aerovate Therapeutics, with a price target of $54.00. The company’s shares closed last Friday at $24.79, close to its 52-week high of $27.83.

According to TipRanks.com, Argyrides has 0 stars on 0-5 stars ranking scale with an average return of -9.8% and a 42.6% success rate. Argyrides covers the Healthcare sector, focusing on stocks such as Rani Therapeutics Holdings, BioMarin Pharmaceutical, and Liquidia Technologies.

Currently, the analyst consensus on Aerovate Therapeutics is a Moderate Buy with an average price target of $40.50, implying a 59.4% upside from current levels. In a report issued on December 6, BTIG also upgraded the stock to Buy with a $27.00 price target.

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