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Analysts Offer Insights on Healthcare Companies: Aadi Bioscience (AADI) and Bioventus (BVS)

Companies in the Healthcare sector have received a lot of coverage today as analysts weigh in on Aadi Bioscience (AADIResearch Report) and Bioventus (BVSResearch Report).

Aadi Bioscience (AADI)

In a report released today, Robert Burns from H.C. Wainwright reiterated a Buy rating on Aadi Bioscience, with a price target of $45.00. The company’s shares closed last Tuesday at $7.14, close to its 52-week low of $6.80.

According to TipRanks.com, Burns has 0 stars on 0-5 stars ranking scale with an average return of -26.1% and a 21.5% success rate. Burns covers the Healthcare sector, focusing on stocks such as Black Diamond Therapeutics, Springworks Therapeutics, and Neoleukin Therapeutics.

The word on The Street in general, suggests a Strong Buy analyst consensus rating for Aadi Bioscience with a $36.25 average price target, representing a 423.8% upside. In a report issued on May 11, Ladenburg Thalmann & Co. also maintained a Buy rating on the stock with a $33.00 price target.

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

Bioventus (BVS)

In a report released today, Alexander Nowak from Craig-Hallum maintained a Hold rating on Bioventus, with a price target of $2.00. The company’s shares closed last Tuesday at $1.20, close to its 52-week low of $0.80.

According to TipRanks.com, Nowak has currently 0 stars on a ranking scale of 0-5 stars, with an average return of -5.3% and a 39.0% success rate. Nowak covers the Healthcare sector, focusing on stocks such as NeuroOne Medical Technologies, Phathom Pharmaceuticals, and Avadel Pharmaceuticals.

Currently, the analyst consensus on Bioventus is a Hold with an average price target of $2.50.

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