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Analysts’ Opinions Are Mixed on These Healthcare Stocks: Viridian Therapeutics (VRDN), Amryt Pharma (AMYT) and Elevation Oncology (ELEV)

Analysts have been eager to weigh in on the Healthcare sector with new ratings on Viridian Therapeutics (VRDNResearch Report), Amryt Pharma (AMYTResearch Report) and Elevation Oncology (ELEVResearch Report).

Viridian Therapeutics (VRDN)

SVB Securities analyst Thomas Smith maintained a Buy rating on Viridian Therapeutics today and set a price target of $45.00. The company’s shares closed last Friday at $27.46, close to its 52-week high of $29.99.

According to TipRanks.com, Smith is a 5-star analyst with an average return of 21.2% and a 49.5% success rate. Smith covers the Healthcare sector, focusing on stocks such as MoonLake Immunotherapeutics, Madrigal Pharmaceuticals, and Eledon Pharmaceuticals.

The word on The Street in general, suggests a Strong Buy analyst consensus rating for Viridian Therapeutics with a $43.00 average price target, implying a 56.1% upside from current levels. In a report released today, JMP Securities also reiterated a Buy rating on the stock with a $46.00 price target.

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

Amryt Pharma (AMYT)

In a report released today, Mani Foroohar from SVB Securities downgraded Amryt Pharma to Hold, with a price target of $14.50. The company’s shares closed last Friday at $7.00.

According to TipRanks.com, Foroohar is currently ranked with 0 stars on a 0-5 stars ranking scale, with an average return of -19.8% and a 32.3% success rate. Foroohar covers the Healthcare sector, focusing on stocks such as Recursion Pharmaceuticals, 4D Molecular Therapeutics, and Arrowhead Pharmaceuticals.

Amryt Pharma has an analyst consensus of Moderate Buy, with a price target consensus of $16.83.

Elevation Oncology (ELEV)

SVB Securities analyst Andrew Berens maintained a Hold rating on Elevation Oncology today and set a price target of $1.00. The company’s shares closed last Friday at $0.75, close to its 52-week low of $0.72.

According to TipRanks.com, Berens is a 4-star analyst with an average return of 2.8% and a 47.1% success rate. Berens covers the Healthcare sector, focusing on stocks such as Deciphera Pharmaceuticals, Zentalis Pharmaceuticals, and Theseus Pharmaceuticals.

The word on The Street in general, suggests a Hold analyst consensus rating for Elevation Oncology with a $3.50 average price target.

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