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Analysts Are Bullish on These Healthcare Stocks: Opko Health (OPK), Sagimet Biosciences, Inc. Class A (SGMT)

There’s a lot to be optimistic about in the Healthcare sector as 2 analysts just weighed in on Opko Health (OPKResearch Report) and Sagimet Biosciences, Inc. Class A (SGMTResearch Report) with bullish sentiments.

Opko Health (OPK)

In a report released today, Edward Tenthoff from Piper Sandler reiterated a Buy rating on Opko Health, with a price target of $5.00. The company’s shares closed last Thursday at $1.50.

According to TipRanks.com, Tenthoff is a 4-star analyst with an average return of 6.5% and a 35.6% success rate. Tenthoff covers the Healthcare sector, focusing on stocks such as Arrowhead Pharmaceuticals, Milestone Pharmaceuticals, and Arvinas Holding Company.

The word on The Street in general, suggests a Strong Buy analyst consensus rating for Opko Health with a $3.33 average price target, representing an 113.5% upside. In a report issued on September 21, Barrington also maintained a Buy rating on the stock with a $2.00 price target.

See the top stocks recommended by analysts >>

Sagimet Biosciences, Inc. Class A (SGMT)

Piper Sandler analyst Yasmeen Rahimi maintained a Buy rating on Sagimet Biosciences, Inc. Class A today and set a price target of $67.00. The company’s shares closed last Thursday at $9.06.

According to TipRanks.com, Rahimi is a 3-star analyst with an average return of 2.3% and a 32.7% success rate. Rahimi covers the Healthcare sector, focusing on stocks such as Structure Therapeutics, Inc. Sponsored ADR, Praxis Precision Medicines, and Crinetics Pharmaceuticals.

Currently, the analyst consensus on Sagimet Biosciences, Inc. Class A is a Strong Buy with an average price target of $43.33, implying a 361.4% upside from current levels. In a report issued on September 26, JMP Securities also reiterated a Buy rating on the stock with a $30.00 price target.

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