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Analysts Are Bullish on These Healthcare Stocks: MoonLake Immunotherapeutics (MLTX), ATAI Life Sciences (ATAI)

There’s a lot to be optimistic about in the Healthcare sector as 3 analysts just weighed in on MoonLake Immunotherapeutics (MLTXResearch Report), ATAI Life Sciences (ATAIResearch Report) and TScan Therapeutics (TCRXResearch Report) with bullish sentiments.

MoonLake Immunotherapeutics (MLTX)

In a report released today, Ram Selvaraju from H.C. Wainwright reiterated a Buy rating on MoonLake Immunotherapeutics, with a price target of $75.00. The company’s shares closed last Friday at $56.14, close to its 52-week high of $63.40.

According to TipRanks.com, Selvaraju has currently 0 stars on a ranking scale of 0-5 stars, with an average return of -7.0% and a 33.0% success rate. Selvaraju covers the Healthcare sector, focusing on stocks such as Santhera Pharmaceuticals Holding, Reviva Pharmaceuticals Holdings, and Entrada Therapeutics Inc.

Currently, the analyst consensus on MoonLake Immunotherapeutics is a Strong Buy with an average price target of $61.38, implying a 12.8% upside from current levels. In a report issued on August 10, LifeSci Capital also maintained a Buy rating on the stock with a $60.00 price target.

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ATAI Life Sciences (ATAI)

H.C. Wainwright analyst Patrick Trucchio reiterated a Buy rating on ATAI Life Sciences today and set a price target of $20.00. The company’s shares closed last Friday at $1.68, close to its 52-week low of $1.14.

According to TipRanks.com, Trucchio ‘s ranking currently consits of 0 on a 0-5 ranking scale, with an average return of -19.1% and a 28.1% success rate. Trucchio covers the Healthcare sector, focusing on stocks such as Freeline Therapeutics Holdings, Milestone Pharmaceuticals, and Arrowhead Pharmaceuticals.

The word on The Street in general, suggests a Strong Buy analyst consensus rating for ATAI Life Sciences with a $15.33 average price target, implying a 791.3% upside from current levels. In a report issued on August 11, Berenberg Bank also reiterated a Buy rating on the stock with a $11.00 price target.

TScan Therapeutics (TCRX)

In a report released today, Andrew Fein from H.C. Wainwright reiterated a Buy rating on TScan Therapeutics, with a price target of $15.00. The company’s shares closed last Friday at $2.06, close to its 52-week low of $1.45.

According to TipRanks.com, Fein is a 1-star analyst with an average return of -0.9% and a 41.2% success rate. Fein covers the Healthcare sector, focusing on stocks such as DBV Technologies SA – American, Amylyx Pharmaceuticals Inc, and Deciphera Pharmaceuticals.

Currently, the analyst consensus on TScan Therapeutics is a Strong Buy with an average price target of $9.67, implying a 360.5% upside from current levels. In a report issued on August 10, Barclays also maintained a Buy rating on the stock with a $6.00 price target.

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