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Analysts Offer Insights on Healthcare Companies: PTC Therapeutics (PTCT) and Werewolf Therapeutics (HOWL)

Companies in the Healthcare sector have received a lot of coverage today as analysts weigh in on PTC Therapeutics (PTCTResearch Report) and Werewolf Therapeutics (HOWLResearch Report).

PTC Therapeutics (PTCT)

Bank of America Securities analyst Tazeen Ahmad reiterated a Sell rating on PTC Therapeutics yesterday and set a price target of $23.00. The company’s shares closed last Monday at $24.28, close to its 52-week low of $23.83.

According to TipRanks.com, Ahmad is a 4-star analyst with an average return of 5.9% and a 48.7% success rate. Ahmad covers the Healthcare sector, focusing on stocks such as Cerevel Therapeutics Holdings, Apellis Pharmaceuticals, and ACADIA Pharmaceuticals.

Currently, the analyst consensus on PTC Therapeutics is a Hold with an average price target of $38.42, a 52.7% upside from current levels. In a report issued on September 15, Raymond James also downgraded the stock to Sell.

See Insiders’ Hot Stocks on TipRanks >>

Werewolf Therapeutics (HOWL)

Bank of America Securities analyst Jason Zemansky maintained a Buy rating on Werewolf Therapeutics yesterday and set a price target of $10.00. The company’s shares closed last Monday at $2.44.

According to TipRanks.com, Zemansky is a 3-star analyst with an average return of 7.3% and a 62.5% success rate. Zemansky covers the Healthcare sector, focusing on stocks such as Reneo Pharmaceuticals, Arcus Biosciences, and Kura Oncology.

The word on The Street in general, suggests a Strong Buy analyst consensus rating for Werewolf Therapeutics with a $11.33 average price target, implying a 335.8% upside from current levels. In a report issued on September 15, H.C. Wainwright also reiterated a Buy rating on the stock with a $15.00 price target.

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