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Analysts Offer Insights on Healthcare Companies: Rocket Pharmaceuticals (RCKT), Arcutis Biotherapeutics (ARQT) and Genenta Science SpA Sponsored ADR (GNTA)

There’s a lot to be optimistic about in the Healthcare sector as 3 analysts just weighed in on Rocket Pharmaceuticals (RCKTResearch Report), Arcutis Biotherapeutics (ARQTResearch Report) and Genenta Science SpA Sponsored ADR (GNTAResearch Report) with bullish sentiments.

Rocket Pharmaceuticals (RCKT)

In a report released yesterday, Michael Ulz from Morgan Stanley maintained a Buy rating on Rocket Pharmaceuticals, with a price target of $45.00. The company’s shares closed last Wednesday at $20.17.

According to TipRanks.com, Ulz is a 2-star analyst with an average return of 0.7% and a 41.9% success rate. Ulz covers the Healthcare sector, focusing on stocks such as Third Harmonic Bio, Inc., Karyopharm Therapeutics, and Alpine Immune Sciences.

The word on The Street in general, suggests a Strong Buy analyst consensus rating for Rocket Pharmaceuticals with a $49.50 average price target, which is a 138.0% upside from current levels. In a report issued on January 23, SVB Securities also maintained a Buy rating on the stock with a $49.00 price target.

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Arcutis Biotherapeutics (ARQT)

In a report released today, Uy Ear from Mizuho Securities reiterated a Buy rating on Arcutis Biotherapeutics, with a price target of $61.00. The company’s shares closed last Wednesday at $16.50.

According to TipRanks.com, Ear is a 5-star analyst with an average return of 29.2% and a 35.7% success rate. Ear covers the Healthcare sector, focusing on stocks such as Satsuma Pharmaceuticals, ACADIA Pharmaceuticals, and Relmada Therapeutics.

The word on The Street in general, suggests a Strong Buy analyst consensus rating for Arcutis Biotherapeutics with a $52.50 average price target.

Genenta Science SpA Sponsored ADR (GNTA)

Maxim Group analyst Jason McCarthy maintained a Buy rating on Genenta Science SpA Sponsored ADR yesterday and set a price target of $21.00. The company’s shares closed last Wednesday at $6.28.

According to TipRanks.com, McCarthy is currently ranked with 0 stars on a 0-5 stars ranking scale, with an average return of -30.8% and a 22.0% success rate. McCarthy covers the Healthcare sector, focusing on stocks such as Reviva Pharmaceuticals Holdings, Brainstorm Cell Therapeutics, and SELLAS Life Sciences Group.

Currently, the analyst consensus on Genenta Science SpA Sponsored ADR is a Strong Buy with an average price target of $20.33, representing a 238.8% upside. In a report released today, H.C. Wainwright also reiterated a Buy rating on the stock with a $25.00 price target.

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