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Analysts Are Bullish on Top Healthcare Stocks: Eledon Pharmaceuticals (ELDN), Stereotaxis (STXS)

There’s a lot to be optimistic about in the Healthcare sector as 2 analysts just weighed in on Eledon Pharmaceuticals (ELDNResearch Report) and Stereotaxis (STXSResearch Report) with bullish sentiments.

Eledon Pharmaceuticals (ELDN)

LifeSci Capital analyst Rami Katkhuda maintained a Buy rating on Eledon Pharmaceuticals today and set a price target of $9.00. The company’s shares closed last Thursday at $1.23, close to its 52-week low of $1.20.

According to TipRanks.com, Katkhuda is a 4-star analyst with an average return of 17.3% and a 37.3% success rate. Katkhuda covers the Healthcare sector, focusing on stocks such as MoonLake Immunotherapeutics, Calliditas Therapeutics, and Viridian Therapeutics.

Eledon Pharmaceuticals has an analyst consensus of Strong Buy, with a price target consensus of $17.00.

See Insiders’ Hot Stocks on TipRanks >>

Stereotaxis (STXS)

In a report released today, Neil Chatterji from B.Riley Financial maintained a Buy rating on Stereotaxis, with a price target of $4.50. The company’s shares closed last Thursday at $1.61.

According to TipRanks.com, Chatterji is a 2-star analyst with an average return of 0.4% and a 33.9% success rate. Chatterji covers the Healthcare sector, focusing on stocks such as Butterfly Network, Silk Road Medical, and ClearPoint Neuro.

The word on The Street in general, suggests a Strong Buy analyst consensus rating for Stereotaxis with a $4.50 average price target, representing a 206.1% upside. In a report released yesterday, Craig-Hallum also assigned a Buy rating to the stock.

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