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Analysts Offer Insights on Healthcare Companies: Cytokinetics (CYTK) and Maravai Lifesciences Holdings (MRVI)

There’s a lot to be optimistic about in the Healthcare sector as 2 analysts just weighed in on Cytokinetics (CYTKResearch Report) and Maravai Lifesciences Holdings (MRVIResearch Report) with bullish sentiments.

Cytokinetics (CYTK)

In a report released today, Madhu Kumar from Goldman Sachs maintained a Buy rating on Cytokinetics, with a price target of $56.00. The company’s shares closed last Tuesday at $42.52.

According to TipRanks.com, Kumar is a 5-star analyst with an average return of 16.5% and a 50.6% success rate. Kumar covers the Healthcare sector, focusing on stocks such as Iovance Biotherapeutics, Syndax Pharmaceuticals, and Reata Pharmaceuticals.

Currently, the analyst consensus on Cytokinetics is a Strong Buy with an average price target of $64.00, implying a 49.2% upside from current levels. In a report issued on January 6, Mizuho Securities also assigned a Buy rating to the stock with a $80.00 price target.

See the top stocks recommended by analysts >>

Maravai Lifesciences Holdings (MRVI)

Goldman Sachs analyst Matthew Sykes maintained a Buy rating on Maravai Lifesciences Holdings today and set a price target of $16.00. The company’s shares closed last Tuesday at $13.70, close to its 52-week low of $12.16.

According to TipRanks.com, Sykes has 0 stars on 0-5 stars ranking scale with an average return of -16.3% and a 35.3% success rate. Sykes covers the Healthcare sector, focusing on stocks such as Singular Genomics Systems, Ginkgo Bioworks Holdings, and Guardant Health.

The word on The Street in general, suggests a Strong Buy analyst consensus rating for Maravai Lifesciences Holdings with a $22.70 average price target.

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