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Analysts Are Bullish on Top Healthcare Stocks: Oncolytics Biotech (ONCY), IN8bio (INAB)

There’s a lot to be optimistic about in the Healthcare sector as 2 analysts just weighed in on Oncolytics Biotech (ONCYResearch Report) and IN8bio (INABResearch Report) with bullish sentiments.

Oncolytics Biotech (ONCY)

In a report released today, Soumit Roy from JonesTrading reiterated a Buy rating on Oncolytics Biotech, with a price target of C$9.00. The company’s shares closed last Monday at $1.66.

According to TipRanks.com, Roy has 0 stars on 0-5 stars ranking scale with an average return of -3.0% and a 28.4% success rate. Roy covers the Healthcare sector, focusing on stocks such as Coeptis Therapeutics Holdings, Day One Biopharmaceuticals, and Deciphera Pharmaceuticals.

The word on The Street in general, suggests a Strong Buy analyst consensus rating for Oncolytics Biotech with a $6.77 average price target, representing a 300.6% upside. In a report issued on May 26, H.C. Wainwright also reiterated a Buy rating on the stock with a $15.00 price target.

See Insiders’ Hot Stocks on TipRanks >>

IN8bio (INAB)

Mizuho Securities analyst Mara Goldstein maintained a Buy rating on IN8bio today and set a price target of $12.00. The company’s shares closed last Monday at $2.81.

According to TipRanks.com, Goldstein is a 2-star analyst with an average return of 0.4% and a 37.7% success rate. Goldstein covers the Healthcare sector, focusing on stocks such as Adaptimmune Therapeutics, Iovance Biotherapeutics, and Neoleukin Therapeutics.

Currently, the analyst consensus on IN8bio is a Strong Buy with an average price target of $11.33, a 271.5% upside from current levels. In a report released today, EF Hutton also reiterated a Buy rating on the stock with a $8.00 price target.

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