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Analysts Offer Insights on Healthcare Companies: Seagen (SGEN) and Gain Therapeutics (GANX)

There’s a lot to be optimistic about in the Healthcare sector as 2 analysts just weighed in on Seagen (SGENResearch Report) and Gain Therapeutics (GANXResearch Report) with bullish sentiments.

Seagen (SGEN)

In a report released today, Gregory Renza from RBC Capital maintained a Buy rating on Seagen, with a price target of $229.00. The company’s shares closed last Wednesday at $206.85, close to its 52-week high of $209.39.

According to TipRanks.com, Renza is a 4-star analyst with an average return of 8.6% and a 43.3% success rate. Renza covers the Healthcare sector, focusing on stocks such as Verrica Pharmaceuticals, Pacira Pharmaceuticals, and ACADIA Pharmaceuticals.

Seagen has an analyst consensus of Hold, with a price target consensus of $229.00.

See the top stocks recommended by analysts >>

Gain Therapeutics (GANX)

H.C. Wainwright analyst Boobalan Pachaiyappan reiterated a Buy rating on Gain Therapeutics today and set a price target of $10.00. The company’s shares closed last Wednesday at $3.44.

According to TipRanks.com, Pachaiyappan has 0 stars on 0-5 stars ranking scale with an average return of -13.3% and a 30.4% success rate. Pachaiyappan covers the Healthcare sector, focusing on stocks such as Entrada Therapeutics Inc, Ensysce Biosciences, and Galera Therapeutics.

Gain Therapeutics has an analyst consensus of Strong Buy, with a price target consensus of $10.00, implying a 192.4% upside from current levels. In a report issued on August 28, BTIG also assigned a Buy rating to the stock with a $10.00 price target.

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