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Analysts Offer Insights on Healthcare Companies: Concert Pharma (CNCE) and Arcutis Biotherapeutics (ARQT)

Analysts have been eager to weigh in on the Healthcare sector with new ratings on Concert Pharma (CNCEResearch Report) and Arcutis Biotherapeutics (ARQTResearch Report).

Concert Pharma (CNCE)

Concert Pharma received a Hold rating from JonesTrading analyst Sean Kim PhD today. The company’s shares closed last Friday at $8.28, close to its 52-week high of $8.33.

According to TipRanks.com, PhD is a 3-star analyst with an average return of 4.4% and a 48.1% success rate. PhD covers the Healthcare sector, focusing on stocks such as Satsuma Pharmaceuticals, Phathom Pharmaceuticals, and Arcutis Biotherapeutics.

Concert Pharma has an analyst consensus of Hold, with a price target consensus of $11.67, representing a 40.8% upside. In a report released yesterday, JMP Securities also downgraded the stock to Hold.

See Insiders’ Hot Stocks on TipRanks >>

Arcutis Biotherapeutics (ARQT)

In a report released today, Uy Ear from Mizuho Securities maintained a Buy rating on Arcutis Biotherapeutics, with a price target of $61.00. The company’s shares closed last Friday at $15.71.

According to TipRanks.com, Ear is a 4-star analyst with an average return of 24.0% and a 28.1% success rate. Ear covers the Healthcare sector, focusing on stocks such as Satsuma Pharmaceuticals, ACADIA Pharmaceuticals, and Relmada Therapeutics.

Arcutis Biotherapeutics has an analyst consensus of Strong Buy, with a price target consensus of $52.50.

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