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Analysts Offer Insights on Healthcare Companies: Apellis Pharmaceuticals (APLS), LAVA Therapeutics (LVTX) and Ocugen (OCGN)

There’s a lot to be optimistic about in the Healthcare sector as 3 analysts just weighed in on Apellis Pharmaceuticals (APLSResearch Report), LAVA Therapeutics (LVTXResearch Report) and Ocugen (OCGNResearch Report) with bullish sentiments.

Apellis Pharmaceuticals (APLS)

H.C. Wainwright analyst Douglas Tsao maintained a Buy rating on Apellis Pharmaceuticals today and set a price target of $82.00. The company’s shares closed last Tuesday at $30.76, close to its 52-week low of $19.83.

According to TipRanks.com, Tsao is a 4-star analyst with an average return of 6.5% and a 37.0% 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 Moderate Buy analyst consensus rating for Apellis Pharmaceuticals with a $73.23 average price target, implying a 135.0% upside from current levels. In a report issued on August 11, Robert W. Baird also maintained a Buy rating on the stock with a $70.00 price target.

See the top stocks recommended by analysts >>

LAVA Therapeutics (LVTX)

H.C. Wainwright analyst Arthur He CFA maintained a Buy rating on LAVA Therapeutics today and set a price target of $6.00. The company’s shares closed last Tuesday at $1.83, close to its 52-week low of $1.37.

According to TipRanks.com, CFA has currently 0 stars on a ranking scale of 0-5 stars, with an average return of -17.4% and a 25.8% success rate. CFA covers the Healthcare sector, focusing on stocks such as Calliditas Therapeutics, Poseida Therapeutics, and BioAtla.

LAVA Therapeutics has an analyst consensus of Strong Buy, with a price target consensus of $7.00, a 278.4% upside from current levels. In a report released today, JMP Securities also reiterated a Buy rating on the stock with a $6.00 price target.

Ocugen (OCGN)

In a report released today, Swayampakula Ramakanth from H.C. Wainwright maintained a Buy rating on Ocugen, with a price target of $5.00. The company’s shares closed last Tuesday at $0.40.

According to TipRanks.com, Ramakanth has currently 0 stars on a ranking scale of 0-5 stars, with an average return of -23.8% and a 19.6% success rate. Ramakanth covers the Healthcare sector, focusing on stocks such as ImmunoPrecise Antibodies, Janux Therapeutics Inc, and ALX Oncology Holdings.

The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Ocugen with a $5.00 average price target.

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