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Analysts Offer Insights on Healthcare Companies: Atara Biotherapeutics (ATRA) and Akebia Therapeutics (AKBA)

Companies in the Healthcare sector have received a lot of coverage today as analysts weigh in on Atara Biotherapeutics (ATRAResearch Report) and Akebia Therapeutics (AKBAResearch Report).

Atara Biotherapeutics (ATRA)

In a report released today, Robert Burns from H.C. Wainwright reiterated a Buy rating on Atara Biotherapeutics, with a price target of $28.00. The company’s shares closed last Tuesday at $2.14, close to its 52-week low of $1.45.

According to TipRanks.com, Burns is currently ranked with 0 stars on a 0-5 stars ranking scale, with an average return of -25.5% and a 23.0% success rate. Burns covers the Healthcare sector, focusing on stocks such as Springworks Therapeutics, Neoleukin Therapeutics, and Allogene Therapeutics.

The word on The Street in general, suggests a Strong Buy analyst consensus rating for Atara Biotherapeutics with a $20.98 average price target.

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

Akebia Therapeutics (AKBA)

H.C. Wainwright analyst Ed Arce maintained a Hold rating on Akebia Therapeutics today and set a price target of $2.00. The company’s shares closed last Tuesday at $1.23.

According to TipRanks.com, Arce is a 5-star analyst with an average return of 19.0% and a 44.8% success rate. Arce covers the Healthcare sector, focusing on stocks such as Paratek Pharmaceuticals, Aurinia Pharmaceuticals, and Unicycive Therapeutics.

Currently, the analyst consensus on Akebia Therapeutics is a Moderate Buy with an average price target of $2.67.

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