tiprankstipranks
Blurbs

Analysts Offer Insights on Healthcare Companies: Outset Medical (OM), Biofrontera (BFRI) and 2seventy bio (TSVT)

There’s a lot to be optimistic about in the Healthcare sector as 3 analysts just weighed in on Outset Medical (OMResearch Report), Biofrontera (BFRIResearch Report) and 2seventy bio (TSVTResearch Report) with bullish sentiments.

Outset Medical (OM)

RBC Capital analyst Shagun Singh Chadha reiterated a Buy rating on Outset Medical today and set a price target of $29.00. The company’s shares closed last Monday at $20.16.

According to TipRanks.com, Chadha is a 3-star analyst with an average return of 2.7% and a 49.5% success rate. Chadha covers the Healthcare sector, focusing on stocks such as Axonics Modulation Technologies, Zimmer Biomet Holdings, and Edwards Lifesciences.

The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Outset Medical with a $28.00 average price target.

See the top stocks recommended by analysts >>

Biofrontera (BFRI)

Benchmark Co. analyst Bruce Jackson reiterated a Buy rating on Biofrontera today and set a price target of $7.00. The company’s shares closed last Monday at $0.41, close to its 52-week low of $0.37.

According to TipRanks.com, Jackson is ranked 0 out of 5 stars with an average return of -5.9% and a 37.1% success rate. Jackson covers the Healthcare sector, focusing on stocks such as Cardio Diagnostics Holdings, Belite Bio, Inc. ADR, and Seelos Therapeutics.

Currently, the analyst consensus on Biofrontera is a Moderate Buy with an average price target of $7.00.

2seventy bio (TSVT)

Wedbush analyst David Nierengarten reiterated a Buy rating on 2seventy bio today and set a price target of $26.00. The company’s shares closed last Monday at $11.65.

According to TipRanks.com, Nierengarten is a 5-star analyst with an average return of 14.7% and a 46.0% success rate. Nierengarten covers the Healthcare sector, focusing on stocks such as Kiniksa Pharmaceuticals, Y-Mabs Therapeutics, and iTeos Therapeutics.

The word on The Street in general, suggests a Strong Buy analyst consensus rating for 2seventy bio with a $29.00 average price target, a 153.9% upside from current levels. In a report issued on May 4, SVB Securities also maintained a Buy rating on the stock with a $33.00 price target.

TipRanks has tracked 36,000 company insiders and found that a few of them are better than others when it comes to timing their transactions. See which 3 stocks are most likely to make moves following their insider activities.

Read More on OM:

Trending

Name
Price
Price Change
S&P 500
Dow Jones
Nasdaq 100
Bitcoin

Popular Articles