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Analysts Offer Insights on Healthcare Companies: Star Equity Holdings (STRR), Applied DNA Sciences (APDN) and Dermata Therapeutics (DRMA)

There’s a lot to be optimistic about in the Healthcare sector as 3 analysts just weighed in on Star Equity Holdings (STRRResearch Report), Applied DNA Sciences (APDNResearch Report) and Dermata Therapeutics (DRMAResearch Report) with bullish sentiments.

Star Equity Holdings (STRR)

In a report released yesterday, Tate Sullivan from Maxim Group maintained a Buy rating on Star Equity Holdings, with a price target of $2.25. The company’s shares closed last Tuesday at $0.79.

According to TipRanks.com, Sullivan is a 5-star analyst with an average return of 14.0% and a 38.8% success rate. Sullivan covers the Industrial Goods sector, focusing on stocks such as Atlis Motor Vehicles Inc Class A, Natural Gas Services Group, and Energy Vault Holdings.

Currently, the analyst consensus on Star Equity Holdings is a Moderate Buy with an average price target of $2.25.

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

Applied DNA Sciences (APDN)

Maxim Group analyst Jason McCarthy maintained a Buy rating on Applied DNA Sciences yesterday and set a price target of $3.00. The company’s shares closed last Tuesday at $1.11, close to its 52-week low of $0.62.

According to TipRanks.com, McCarthy ‘s ranking currently consits of 0 on a 0-5 ranking scale, with an average return of -28.6% and a 20.4% success rate. McCarthy covers the Healthcare sector, focusing on stocks such as Genenta Science SpA Sponsored ADR, Reviva Pharmaceuticals Holdings, and Brainstorm Cell Therapeutics.

Applied DNA Sciences has an analyst consensus of Moderate Buy, with a price target consensus of $4.00, representing a 263.6% upside. In a report issued on May 8, H.C. Wainwright also reiterated a Buy rating on the stock with a $5.00 price target.

Dermata Therapeutics (DRMA)

In a report released yesterday, Anthony Vendetti from Maxim Group maintained a Buy rating on Dermata Therapeutics, with a price target of $4.00. The company’s shares closed last Tuesday at $2.60, close to its 52-week low of $0.98.

According to TipRanks.com, Vendetti ‘s ranking currently consits of 0 on a 0-5 ranking scale, with an average return of -2.4% and a 33.1% success rate. Vendetti covers the Healthcare sector, focusing on stocks such as Helius Medical Technologies, Guardion Health Sciences, and SeaStar Medical Holding.

The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Dermata Therapeutics with a $4.00 average price target.

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