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Analysts Offer Insights on Healthcare Companies: Vertex Pharmaceuticals (VRTX), Entrada Therapeutics Inc (TRDA) and Minerva Neurosciences (NERV)

Analysts have been eager to weigh in on the Healthcare sector with new ratings on Vertex Pharmaceuticals (VRTXResearch Report), Entrada Therapeutics Inc (TRDAResearch Report) and Minerva Neurosciences (NERVResearch Report).

Vertex Pharmaceuticals (VRTX)

In a report released today, Andrew Fein from H.C. Wainwright reiterated a Buy rating on Vertex Pharmaceuticals, with a price target of $380.00. The company’s shares closed last Tuesday at $347.74.

According to TipRanks.com, Fein is a 1-star analyst with an average return of -1.4% and a 40.1% success rate. Fein covers the Healthcare sector, focusing on stocks such as DBV Technologies SA – American, Amylyx Pharmaceuticals Inc, and Deciphera Pharmaceuticals.

The word on The Street in general, suggests a Strong Buy analyst consensus rating for Vertex Pharmaceuticals with a $381.57 average price target, representing an 8.6% upside. In a report issued on July 21, Bank of America Securities also maintained a Buy rating on the stock with a $400.00 price target.

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

Entrada Therapeutics Inc (TRDA)

In a report released today, Boobalan Pachaiyappan from H.C. Wainwright reiterated a Buy rating on Entrada Therapeutics Inc, with a price target of $25.00. The company’s shares closed last Tuesday at $16.94.

According to TipRanks.com, Pachaiyappan is a 3-star analyst with an average return of 5.6% and a 50.0% success rate. Pachaiyappan covers the Healthcare sector, focusing on stocks such as Ensysce Biosciences, Galera Therapeutics, and Spruce Biosciences.

Entrada Therapeutics Inc has an analyst consensus of Moderate Buy, with a price target consensus of $25.00.

Minerva Neurosciences (NERV)

H.C. Wainwright analyst Douglas Tsao maintained a Hold rating on Minerva Neurosciences today and set a price target of $11.00. The company’s shares closed last Tuesday at $10.38.

According to TipRanks.com, Tsao is a 5-star analyst with an average return of 10.1% and a 41.7% success rate. Tsao covers the Healthcare sector, focusing on stocks such as Cerevel Therapeutics Holdings, Praxis Precision Medicines, and Crinetics Pharmaceuticals.

Currently, the analyst consensus on Minerva Neurosciences is a Hold with an average price target of $11.00.

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