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Analysts Offer Insights on Healthcare Companies: Rallybio (RLYB), Agile Therapeutics (AGRX) and Biomea Fusion (BMEA)

There’s a lot to be optimistic about in the Healthcare sector as 3 analysts just weighed in on Rallybio (RLYBResearch Report), Agile Therapeutics (AGRXResearch Report) and Biomea Fusion (BMEAResearch Report) with bullish sentiments.

Rallybio (RLYB)

H.C. Wainwright analyst Mitchell Kapoor reiterated a Buy rating on Rallybio today and set a price target of $18.00. The company’s shares closed last Friday at $8.14.

According to TipRanks.com, Kapoor is a 3-star analyst with an average return of 6.1% and a 50.0% success rate. Kapoor covers the Healthcare sector, focusing on stocks such as TC Biopharm (Holdings) Plc Sponsored ADR, Rani Therapeutics Holdings, and Century Therapeutics.

Rallybio has an analyst consensus of Strong Buy, with a price target consensus of $17.00, implying a 121.1% upside from current levels. In a report released today, JMP Securities also reiterated a Buy rating on the stock with a $16.00 price target.

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

Agile Therapeutics (AGRX)

In a report released today, Oren Livnat from H.C. Wainwright reiterated a Buy rating on Agile Therapeutics, with a price target of $12.00. The company’s shares closed last Friday at $2.81, close to its 52-week low of $2.75.

According to TipRanks.com, Livnat is a 2-star analyst with an average return of -0.3% and a 41.2% success rate. Livnat covers the Healthcare sector, focusing on stocks such as Collegium Pharmaceutical, Satsuma Pharmaceuticals, and Avadel Pharmaceuticals.

Agile Therapeutics has an analyst consensus of Moderate Buy, with a price target consensus of $12.00.

Biomea Fusion (BMEA)

H.C. Wainwright analyst Joseph Pantginis maintained a Buy rating on Biomea Fusion today and set a price target of $50.00. The company’s shares closed last Friday at $30.67.

According to TipRanks.com, Pantginis is a 3-star analyst with an average return of 1.7% and a 39.6% success rate. Pantginis covers the Healthcare sector, focusing on stocks such as Genenta Science SpA Sponsored ADR, Bioline RX Ltd Sponsored ADR, and Actinium Pharmaceuticals.

Biomea Fusion has an analyst consensus of Strong Buy, with a price target consensus of $51.00, implying a 58.0% upside from current levels. In a report issued on June 20, J.P. Morgan also maintained a Buy rating on the stock with a $38.00 price target.

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