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Analysts Offer Insights on Healthcare Companies: Wave Life Sciences (WVE), Femasys (FEMY) and ImmunoGen (IMGN)

There’s a lot to be optimistic about in the Healthcare sector as 3 analysts just weighed in on Wave Life Sciences (WVEResearch Report), Femasys (FEMYResearch Report) and ImmunoGen (IMGNResearch Report) with bullish sentiments.

Wave Life Sciences (WVE)

In a report released today, Andrew Fein from H.C. Wainwright maintained a Buy rating on Wave Life Sciences, with a price target of $8.00. The company’s shares closed last Thursday at $5.74.

According to TipRanks.com, Fein is ranked 0 out of 5 stars with an average return of -5.6% and a 34.7% 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 Wave Life Sciences is a Strong Buy with an average price target of $9.40, implying a 79.0% upside from current levels. In a report released yesterday, Mizuho Securities also maintained a Buy rating on the stock with a $10.00 price target.

See the top stocks recommended by analysts >>

Femasys (FEMY)

In a report released today, Emily Bodnar from H.C. Wainwright maintained a Buy rating on Femasys, with a price target of $13.00. The company’s shares closed last Thursday at $1.52.

According to TipRanks.com, Bodnar has 0 stars on 0-5 stars ranking scale with an average return of -13.0% and a 26.6% success rate. Bodnar covers the Healthcare sector, focusing on stocks such as Acrivon Therapeutics, Inc., Gracell Biotechnologies, and Olema Pharmaceuticals.

Femasys has an analyst consensus of Strong Buy, with a price target consensus of $10.00, representing an 825.9% upside. In a report issued on September 26, JonesTrading also maintained a Buy rating on the stock with a $7.00 price target.

ImmunoGen (IMGN)

In a report released today, Swayampakula Ramakanth from H.C. Wainwright maintained a Buy rating on ImmunoGen, with a price target of $27.00. The company’s shares closed last Thursday at $16.00.

According to TipRanks.com, Ramakanth is currently ranked with 0 stars on a 0-5 stars ranking scale, with an average return of -26.3% and a 19.8% 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 Strong Buy analyst consensus rating for ImmunoGen with a $24.86 average price target, which is a 62.4% upside from current levels. In a report issued on September 22, Piper Sandler also maintained a Buy rating on the stock with a $24.00 price target.

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