There’s a lot to be optimistic about in the Healthcare sector as 2 analysts just weighed in on BioLife Solutions (BLFS – Research Report) and Synlogic (SYBX – Research Report) with bullish sentiments.
BioLife Solutions (BLFS)
In a report released yesterday, Jason McCarthy from Maxim Group maintained a Buy rating on BioLife Solutions. The company’s shares closed last Thursday at $12.42, close to its 52-week low of $12.11.
According to TipRanks.com, McCarthy ‘s ranking currently consits of 0 on a 0-5 ranking scale, with an average return of
Currently, the analyst consensus on BioLife Solutions is a Strong Buy with an average price target of $24.00, an 84.2% upside from current levels. In a report issued on August 9, TD Cowen also maintained a Buy rating on the stock with a $25.00 price target.
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Synlogic (SYBX)
Chardan Capital analyst Keay Nakae reiterated a Buy rating on Synlogic today and set a price target of $6.00. The company’s shares closed last Thursday at $0.50, close to its 52-week low of $0.39.
According to TipRanks.com, Nakae is ranked 0 out of 5 stars with an average return of
The word on The Street in general, suggests a Strong Buy analyst consensus rating for Synlogic with a $5.50 average price target, implying a 1015.1% upside from current levels. In a report released today, H.C. Wainwright also maintained a Buy rating on the stock with a $5.00 price target.
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Read More on BLFS:
- BioLife Solutions price target lowered to $22 from $29 at Stephens
- BioLife Solutions price target lowered to $25 from $34 at Lake Street
- BioLife Solutions price target lowered to $25 from $29 at TD Cowen
- BioLife Solutions Reports Second Quarter 2023 Financial Results, Updates Full Year 2023 Guidance and Provides Pro Forma First Half 2023 Financial Profile Excluding Freezer Business
- BLFS Upcoming Earnings Report: What to Expect?
