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Analysts Offer Insights on Healthcare Companies: Ionis Pharmaceuticals (IONS) and Maravai Lifesciences Holdings (MRVI)

There’s a lot to be optimistic about in the Healthcare sector as 2 analysts just weighed in on Ionis Pharmaceuticals (IONSResearch Report) and Maravai Lifesciences Holdings (MRVIResearch Report) with bullish sentiments.

Ionis Pharmaceuticals (IONS)

In a report released today, Kostas Biliouris from BMO Capital maintained a Buy rating on Ionis Pharmaceuticals, with a price target of $67.00. The company’s shares closed last Tuesday at $46.28, close to its 52-week high of $47.74.

According to TipRanks.com, Biliouris ‘ ranking currently consits of 0 on a 0-5 ranking scale, with an average return of -9.3% and a 27.3% success rate. Biliouris covers the Healthcare sector, focusing on stocks such as 4D Molecular Therapeutics, Centessa Pharmaceuticals, and BioMarin Pharmaceutical.

The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Ionis Pharmaceuticals with a $55.43 average price target, a 26.1% upside from current levels. In a report released yesterday, Citi also reiterated a Buy rating on the stock with a $60.00 price target.

See Insiders’ Hot Stocks on TipRanks >>

Maravai Lifesciences Holdings (MRVI)

In a report released yesterday, Conor McNamara from RBC Capital maintained a Buy rating on Maravai Lifesciences Holdings, with a price target of $17.00. The company’s shares closed last Tuesday at $9.14, close to its 52-week low of $9.09.

According to TipRanks.com, McNamara ‘s ranking currently consits of 0 on a 0-5 ranking scale, with an average return of -15.0% and a 10.2% success rate. McNamara covers the Healthcare sector, focusing on stocks such as Bio-Rad Laboratories, Thermo Fisher, and QuidelOrtho.

Maravai Lifesciences Holdings has an analyst consensus of Moderate Buy, with a price target consensus of $12.53.

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