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Analysts Offer Insights on Healthcare Companies: Tandem Diabetes Care (TNDM), Aclaris Therapeutics (ACRS) and Cogent Biosciences (COGT)

There’s a lot to be optimistic about in the Healthcare sector as 3 analysts just weighed in on Tandem Diabetes Care (TNDMResearch Report), Aclaris Therapeutics (ACRSResearch Report) and Cogent Biosciences (COGTResearch Report) with bullish sentiments.

Tandem Diabetes Care (TNDM)

In a report released yesterday, Matthew Taylor from Jefferies maintained a Buy rating on Tandem Diabetes Care, with a price target of $60.00. The company’s shares closed last Tuesday at $42.53, close to its 52-week low of $33.52.

According to TipRanks.com, Taylor is a 5-star analyst with an average return of 11.8% and a 63.0% success rate. Taylor covers the Healthcare sector, focusing on stocks such as Zimmer Biomet Holdings, Edwards Lifesciences, and Integra Lifesciences.

Currently, the analyst consensus on Tandem Diabetes Care is a Moderate Buy with an average price target of $55.40.

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

Aclaris Therapeutics (ACRS)

In a report released yesterday, Roger Song from Jefferies maintained a Buy rating on Aclaris Therapeutics, with a price target of $32.00. The company’s shares closed last Tuesday at $8.14.

According to TipRanks.com, Song is ranked 0 out of 5 stars with an average return of -25.1% and a 21.6% success rate. Song covers the Healthcare sector, focusing on stocks such as Nektar Therapeutics, Kinnate Biopharma, and IGM Biosciences.

Currently, the analyst consensus on Aclaris Therapeutics is a Strong Buy with an average price target of $29.00, a 249.8% upside from current levels. In a report issued on March 6, SVB Securities also maintained a Buy rating on the stock.

Cogent Biosciences (COGT)

In a report released yesterday, Eun Yang from Jefferies maintained a Buy rating on Cogent Biosciences, with a price target of $18.00. The company’s shares closed last Tuesday at $12.98.

According to TipRanks.com, Yang is a 4-star analyst with an average return of 4.3% and a 50.3% success rate. Yang covers the Healthcare sector, focusing on stocks such as Taysha Gene Therapies, Prime Medicine, Inc., and United Therapeutics.

Currently, the analyst consensus on Cogent Biosciences is a Strong Buy with an average price target of $23.00, representing an 87.9% upside. In a report issued on February 27, SVB Securities also maintained a Buy rating on the stock.

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