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Analysts Offer Insights on Healthcare Companies: Sonnet BioTherapeutics Holdings (SONN), Aravive (ARAV) and Cyclacel Pharmaceuticals (CYCC)

There’s a lot to be optimistic about in the Healthcare sector as 3 analysts just weighed in on Sonnet BioTherapeutics Holdings (SONNResearch Report), Aravive (ARAVResearch Report) and Cyclacel Pharmaceuticals (CYCCResearch Report) with bullish sentiments.

Sonnet BioTherapeutics Holdings (SONN)

EF Hutton analyst Michael King maintained a Buy rating on Sonnet BioTherapeutics Holdings today and set a price target of $6.70. The company’s shares closed last Wednesday at $0.29, close to its 52-week low of $0.21.

According to TipRanks.com, King is a 4-star analyst with an average return of 4.8% and a 42.4% success rate. King covers the Healthcare sector, focusing on stocks such as Coeptis Therapeutics Holdings, Werewolf Therapeutics, and Jasper Therapeutics.

Currently, the analyst consensus on Sonnet BioTherapeutics Holdings is a Moderate Buy with an average price target of $6.70.

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Aravive (ARAV)

EF Hutton analyst Anthony Butler reiterated a Buy rating on Aravive today and set a price target of $10.00. The company’s shares closed last Wednesday at $1.48.

According to TipRanks.com, Butler is a 2-star analyst with an average return of 0.7% and a 42.9% success rate. Butler covers the Healthcare sector, focusing on stocks such as Adaptimmune Therapeutics, Crispr Therapeutics AG, and Allogene Therapeutics.

The word on The Street in general, suggests a Strong Buy analyst consensus rating for Aravive with a $11.33 average price target, a 635.7% upside from current levels. In a report issued on May 11, H.C. Wainwright also reiterated a Buy rating on the stock with a $12.00 price target.

Cyclacel Pharmaceuticals (CYCC)

Oppenheimer analyst Jeff Jones maintained a Buy rating on Cyclacel Pharmaceuticals today and set a price target of $8.00. The company’s shares closed last Wednesday at $0.68, close to its 52-week low of $0.50.

According to TipRanks.com, Jones is a 3-star analyst with an average return of 5.1% and a 36.4% success rate. Jones covers the Healthcare sector, focusing on stocks such as Perspective Therapeutics, Prometheus Biosciences, and POINT Biopharma Global.

Currently, the analyst consensus on Cyclacel Pharmaceuticals is a Moderate Buy with an average price target of $8.00.

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