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Analysts Offer Insights on Healthcare Companies: Zymeworks (ZYME) and Nuvectis Pharma (NVCT)

Companies in the Healthcare sector have received a lot of coverage today as analysts weigh in on Zymeworks (ZYMEResearch Report) and Nuvectis Pharma (NVCTResearch Report).

Zymeworks (ZYME)

H.C. Wainwright analyst Robert Burns reiterated a Hold rating on Zymeworks today and set a price target of $8.00. The company’s shares closed last Wednesday at $7.66.

According to TipRanks.com, Burns has currently 0 stars on a ranking scale of 0-5 stars, with an average return of -25.9% and a 19.9% success rate. Burns covers the Healthcare sector, focusing on stocks such as Springworks Therapeutics, Neoleukin Therapeutics, and Atara Biotherapeutics.

Currently, the analyst consensus on Zymeworks is a Moderate Buy with an average price target of $10.17, implying a 33.3% upside from current levels. In a report issued on December 22, Barclays also maintained a Hold rating on the stock with a $9.00 price target.

See the top stocks recommended by analysts >>

Nuvectis Pharma (NVCT)

H.C. Wainwright analyst Joseph Pantginis maintained a Buy rating on Nuvectis Pharma today and set a price target of $21.00. The company’s shares closed last Wednesday at $7.50.

According to TipRanks.com, Pantginis has currently 0 stars on a ranking scale of 0-5 stars, with an average return of -18.6% and a 27.2% success rate. Pantginis covers the Healthcare sector, focusing on stocks such as Genenta Science SpA Sponsored ADR, Bioline RX Ltd Sponsored ADR, and Lineage Cell Therapeutics.

Currently, the analyst consensus on Nuvectis Pharma is a Moderate Buy with an average price target of $21.00.

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