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Analysts’ Top Healthcare Picks: Fulcrum Therapeutics (FULC), Xeris Pharmaceuticals (XERS)

There’s a lot to be optimistic about in the Healthcare sector as 3 analysts just weighed in on Fulcrum Therapeutics (FULCResearch Report), Xeris Pharmaceuticals (XERSResearch Report) and Viking Therapeutics (VKTXResearch Report) with bullish sentiments.

Fulcrum Therapeutics (FULC)

In a report issued on May 16, Joseph Schwartz from SVB Securities reiterated a Buy rating on Fulcrum Therapeutics, with a price target of $8.00. The company’s shares closed last Friday at $3.25, close to its 52-week low of $2.25.

According to TipRanks.com, Schwartz is currently ranked with 0 stars on a 0-5 stars ranking scale, with an average return of -10.3% and a 36.1% success rate. Schwartz covers the Healthcare sector, focusing on stocks such as Applied Molecular Transport, Crinetics Pharmaceuticals, and Mereo Biopharma Group Plc.

The word on The Street in general, suggests a Hold analyst consensus rating for Fulcrum Therapeutics with a $7.00 average price target, representing a 109.0% upside. In a report issued on May 16, Oppenheimer also maintained a Buy rating on the stock with a $16.00 price target.

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

Xeris Pharmaceuticals (XERS)

SVB Securities analyst Roanna Ruiz reiterated a Buy rating on Xeris Pharmaceuticals on May 16 and set a price target of $5.00. The company’s shares closed last Friday at $2.90, close to its 52-week high of $3.03.

According to TipRanks.com, Ruiz is a 1-star analyst with an average return of -5.2% and a 48.1% success rate. Ruiz covers the Healthcare sector, focusing on stocks such as NewAmsterdam Pharma Company, Enanta Pharmaceuticals, and Atea Pharmaceuticals.

Currently, the analyst consensus on Xeris Pharmaceuticals is a Strong Buy with an average price target of $5.33, implying an 87.7% upside from current levels. In a report issued on May 10, H.C. Wainwright also reiterated a Buy rating on the stock with a $6.00 price target.

Viking Therapeutics (VKTX)

In a report issued on May 16, Thomas Smith from SVB Securities maintained a Buy rating on Viking Therapeutics, with a price target of $28.00. The company’s shares closed last Friday at $22.97, close to its 52-week high of $25.03.

According to TipRanks.com, Smith is a top 100 analyst with an average return of 38.8% and a 49.0% success rate. Smith covers the Healthcare sector, focusing on stocks such as MoonLake Immunotherapeutics, Connect Biopharma Holdings, and Madrigal Pharmaceuticals.

The word on The Street in general, suggests a Strong Buy analyst consensus rating for Viking Therapeutics with a $32.78 average price target, which is a 40.8% upside from current levels. In a report issued on May 3, Roth MKM also maintained a Buy rating on the stock with a $24.00 price target.

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