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Analysts Are Bullish on These Healthcare Stocks: Tempest Therapeutics (TPST), Icecure Medical (ICCM)

There’s a lot to be optimistic about in the Healthcare sector as 3 analysts just weighed in on Tempest Therapeutics (TPSTResearch Report), Icecure Medical (ICCMResearch Report) and Praxis Precision Medicines (PRAXResearch Report) with bullish sentiments.

Tempest Therapeutics (TPST)

In a report released today, Joseph Pantginis from H.C. Wainwright reiterated a Buy rating on Tempest Therapeutics, with a price target of $35.00. The company’s shares closed last Monday at $0.31, close to its 52-week low of $0.29.

According to TipRanks.com, Pantginis is currently ranked with 0 stars on a 0-5 stars ranking scale, with an average return of -14.9% and a 26.5% success rate. Pantginis covers the Healthcare sector, focusing on stocks such as Genenta Science SpA Sponsored ADR, Bioline RX Ltd Sponsored ADR, and Actinium Pharmaceuticals.

Currently, the analyst consensus on Tempest Therapeutics is a Moderate Buy with an average price target of $35.00.

See Insiders’ Hot Stocks on TipRanks >>

Icecure Medical (ICCM)

In a report released today, Yi Chen from H.C. Wainwright reiterated a Buy rating on Icecure Medical, with a price target of $3.00. The company’s shares closed last Monday at $0.86, close to its 52-week low of $0.52.

According to TipRanks.com, Chen is currently ranked with 0 stars on a 0-5 stars ranking scale, with an average return of -34.1% and a 21.0% success rate. Chen covers the Healthcare sector, focusing on stocks such as Bausch + Lomb Corporation, EyePoint Pharmaceuticals, and Aslan Pharmaceuticals.

The word on The Street in general, suggests a Strong Buy analyst consensus rating for Icecure Medical with a $2.30 average price target, implying a 155.6% upside from current levels. In a report issued on September 20, Alliance Global Partners also maintained a Buy rating on the stock with a $1.90 price target.

Praxis Precision Medicines (PRAX)

In a report released today, Douglas Tsao from H.C. Wainwright maintained a Buy rating on Praxis Precision Medicines, with a price target of $7.00. The company’s shares closed last Monday at $1.67.

According to TipRanks.com, Tsao is a 4-star analyst with an average return of 4.1% and a 35.9% success rate. Tsao covers the Healthcare sector, focusing on stocks such as Cerevel Therapeutics Holdings, Crinetics Pharmaceuticals, and Protagonist Therapeutics.

Praxis Precision Medicines has an analyst consensus of Strong Buy, with a price target consensus of $11.67, representing a 555.6% upside. In a report released yesterday, Truist Financial also maintained a Buy rating on the stock with a $10.00 price target.

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