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Analysts Offer Insights on Healthcare Companies: Aravive (ARAV), Prelude Therapeutics (PRLD) and Mineralys Therapeutics, Inc. (MLYS)

Companies in the Healthcare sector have received a lot of coverage today as analysts weigh in on Aravive (ARAVResearch Report), Prelude Therapeutics (PRLDResearch Report) and Mineralys Therapeutics, Inc. (MLYSResearch Report).

Aravive (ARAV)

In a report released today, Robert Hazlett from BTIG maintained a Buy rating on Aravive, with a price target of $12.00. The company’s shares closed last Wednesday at $1.61.

According to TipRanks.com, Hazlett is a 1-star analyst with an average return of -0.8% and a 32.0% success rate. Hazlett covers the Healthcare sector, focusing on stocks such as Rani Therapeutics Holdings, Eiger Biopharmaceuticals, and TRACON Pharmaceuticals.

The word on The Street in general, suggests a Strong Buy analyst consensus rating for Aravive with a $13.00 average price target, which is a 683.1% upside from current levels. In a report released yesterday, H.C. Wainwright also reiterated a Buy rating on the stock with a $12.00 price target.

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

Prelude Therapeutics (PRLD)

Morgan Stanley analyst Jeffrey Hung maintained a Hold rating on Prelude Therapeutics yesterday and set a price target of $10.00. The company’s shares closed last Wednesday at $6.52.

According to TipRanks.com, Hung is a 5-star analyst with an average return of 19.2% and a 52.8% success rate. Hung covers the Healthcare sector, focusing on stocks such as Ultragenyx Pharmaceutical, ACADIA Pharmaceuticals, and Rhythm Pharmaceuticals.

Prelude Therapeutics has an analyst consensus of Hold, with a price target consensus of $10.00.

Mineralys Therapeutics, Inc. (MLYS)

Bank of America Securities analyst Greg Harrison reiterated a Buy rating on Mineralys Therapeutics, Inc. yesterday and set a price target of $39.00. The company’s shares closed last Wednesday at $16.35.

According to TipRanks.com, Harrison is a 3-star analyst with an average return of 4.5% and a 48.0% success rate. Harrison covers the Healthcare sector, focusing on stocks such as Rocket Pharmaceuticals, Travere Therapeutics, and Bioxcel Therapeutics.

Currently, the analyst consensus on Mineralys Therapeutics, Inc. is a Strong Buy with an average price target of $36.60, a 121.4% upside from current levels. In a report issued on March 7, Stifel Nicolaus also initiated coverage with a Buy rating on the stock with a $45.00 price target.

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