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Analysts Offer Insights on Healthcare Companies: Castle Biosciences (CSTL), Axonics Modulation Technologies (AXNX) and Apellis Pharmaceuticals (APLS)

There’s a lot to be optimistic about in the Healthcare sector as 3 analysts just weighed in on Castle Biosciences (CSTLResearch Report), Axonics Modulation Technologies (AXNXResearch Report) and Apellis Pharmaceuticals (APLSResearch Report) with bullish sentiments.

Castle Biosciences (CSTL)

In a report issued on October 5, Catherine Ramsey Schulte from Robert W. Baird reiterated a Buy rating on Castle Biosciences, with a price target of $30.00. The company’s shares closed last Friday at $14.45.

According to TipRanks.com, Schulte is a 5-star analyst with an average return of 8.6% and a 47.7% success rate. Schulte covers the Healthcare sector, focusing on stocks such as Maravai Lifesciences Holdings, Exact Sciences, and Thermo Fisher.

The word on The Street in general, suggests a Strong Buy analyst consensus rating for Castle Biosciences with a $33.40 average price target.

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Axonics Modulation Technologies (AXNX)

In a report issued on October 5, David Rescott from Robert W. Baird maintained a Buy rating on Axonics Modulation Technologies, with a price target of $70.00. The company’s shares closed last Friday at $58.22.

According to TipRanks.com, Rescott is a 2-star analyst with an average return of 0.2% and a 38.0% success rate. Rescott covers the Healthcare sector, focusing on stocks such as Inspire Medical Systems, Irhythm Technologies, and Edwards Lifesciences.

The word on The Street in general, suggests a Strong Buy analyst consensus rating for Axonics Modulation Technologies with a $75.38 average price target.

Apellis Pharmaceuticals (APLS)

In a report issued on October 5, Colleen M. Kusy from Robert W. Baird maintained a Buy rating on Apellis Pharmaceuticals, with a price target of $70.00. The company’s shares closed last Friday at $41.03.

According to TipRanks.com, Kusy has 0 stars on 0-5 stars ranking scale with an average return of -25.0% and a 21.1% success rate. Kusy covers the Healthcare sector, focusing on stocks such as EyePoint Pharmaceuticals, Iovance Biotherapeutics, and Karyopharm Therapeutics.

Apellis Pharmaceuticals has an analyst consensus of Strong Buy, with a price target consensus of $68.17, which is a 68.0% upside from current levels. In a report issued on October 6, J.P. Morgan also upgraded the stock to Buy with a $81.00 price target.

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