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Analysts Offer Insights on Healthcare Companies: TransCode Therapeutics (RNAZ), Tarsus Pharmaceuticals (TARS) and Roivant Sciences (ROIV)

There’s a lot to be optimistic about in the Healthcare sector as 3 analysts just weighed in on TransCode Therapeutics (RNAZResearch Report), Tarsus Pharmaceuticals (TARSResearch Report) and Roivant Sciences (ROIVResearch Report) with bullish sentiments.

TransCode Therapeutics (RNAZ)

In a report released today, Emily Bodnar from H.C. Wainwright initiated coverage with a Buy rating on TransCode Therapeutics and a price target of $12.00. The company’s shares closed last Wednesday at $2.48, close to its 52-week low of $2.44.

According to TipRanks.com, Bodnar is a 1-star analyst with an average return of -5.0% and a 35.2% success rate. Bodnar covers the Healthcare sector, focusing on stocks such as Acrivon Therapeutics, Inc., Gracell Biotechnologies, and Olema Pharmaceuticals.

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

See the top stocks recommended by analysts >>

Tarsus Pharmaceuticals (TARS)

Barclays analyst Balaji Prasad maintained a Buy rating on Tarsus Pharmaceuticals today and set a price target of $40.00. The company’s shares closed last Wednesday at $17.87.

According to TipRanks.com, Prasad is a 2-star analyst with an average return of 0.2% and a 40.7% success rate. Prasad covers the Healthcare sector, focusing on stocks such as Dr Reddy’s Laboratories, Pacira Pharmaceuticals, and Amneal Pharmaceuticals.

Tarsus Pharmaceuticals has an analyst consensus of Strong Buy, with a price target consensus of $46.83, implying a 174.8% upside from current levels. In a report issued on June 15, Bank of America Securities also maintained a Buy rating on the stock with a $42.00 price target.

Roivant Sciences (ROIV)

H.C. Wainwright analyst Douglas Tsao reiterated a Buy rating on Roivant Sciences today and set a price target of $18.00. The company’s shares closed last Wednesday at $10.07, close to its 52-week high of $10.83.

According to TipRanks.com, Tsao is a 5-star analyst with an average return of 12.1% and a 42.5% success rate. Tsao covers the Healthcare sector, focusing on stocks such as Cerevel Therapeutics Holdings, Praxis Precision Medicines, and Crinetics Pharmaceuticals.

The word on The Street in general, suggests a Strong Buy analyst consensus rating for Roivant Sciences with a $15.43 average price target, representing a 68.1% upside. In a report issued on June 20, Cantor Fitzgerald also reiterated a Buy rating on the stock with a $15.00 price target.

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