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Analysts Offer Insights on Healthcare Companies: Palatin Technologies (PTN), ANI Pharmaceuticals (ANIP) and Theravance Biopharma (TBPH)

There’s a lot to be optimistic about in the Healthcare sector as 3 analysts just weighed in on Palatin Technologies (PTNResearch Report), ANI Pharmaceuticals (ANIPResearch Report) and Theravance Biopharma (TBPHResearch Report) with bullish sentiments.

Palatin Technologies (PTN)

In a report released today, Joseph Pantginis from H.C. Wainwright reiterated a Buy rating on Palatin Technologies, with a price target of $70.00. The company’s shares closed last Monday at $2.26, close to its 52-week low of $2.08.

According to TipRanks.com, Pantginis is a 1-star analyst with an average return of -1.7% and a 36.3% success rate. Pantginis covers the Healthcare sector, focusing on stocks such as Genenta Science SpA Sponsored ADR, Bioline RX Ltd Sponsored ADR, and Actinium Pharmaceuticals.

The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Palatin Technologies with a $60.00 average price target, implying a 2730.2% upside from current levels. In a report issued on May 1, Ladenburg Thalmann & Co. also maintained a Buy rating on the stock with a $50.00 price target.

See the top stocks recommended by analysts >>

ANI Pharmaceuticals (ANIP)

In a report released today, Oren Livnat from H.C. Wainwright maintained a Buy rating on ANI Pharmaceuticals, with a price target of $60.00. The company’s shares closed last Monday at $42.58.

According to TipRanks.com, Livnat is a 2-star analyst with an average return of 0.1% and a 41.0% success rate. Livnat covers the Healthcare sector, focusing on stocks such as Collegium Pharmaceutical, Satsuma Pharmaceuticals, and Pacira Pharmaceuticals.

The word on The Street in general, suggests a Strong Buy analyst consensus rating for ANI Pharmaceuticals with a $52.33 average price target, implying a 8.0% upside from current levels. In a report issued on May 1, Raymond James also maintained a Buy rating on the stock.

Theravance Biopharma (TBPH)

H.C. Wainwright analyst Douglas Tsao maintained a Buy rating on Theravance Biopharma today and set a price target of $20.00. The company’s shares closed last Monday at $11.33, close to its 52-week high of $12.03.

According to TipRanks.com, Tsao is a 5-star analyst with an average return of 15.0% and a 47.2% success rate. Tsao covers the Healthcare sector, focusing on stocks such as Cerevel Therapeutics Holdings, Praxis Precision Medicines, and Crinetics Pharmaceuticals.

Theravance Biopharma has an analyst consensus of Moderate Buy, with a price target consensus of $14.33.

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