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Analysts Offer Insights on Healthcare Companies: Anixa Biosciences (ANIX) and Amylyx Pharmaceuticals Inc (AMLX)

There’s a lot to be optimistic about in the Healthcare sector as 2 analysts just weighed in on Anixa Biosciences (ANIXResearch Report) and Amylyx Pharmaceuticals Inc (AMLXResearch Report) with bullish sentiments.

Anixa Biosciences (ANIX)

In a report released today, Yi Chen from H.C. Wainwright reiterated a Buy rating on Anixa Biosciences, with a price target of $12.00. The company’s shares closed last Friday at $3.34, close to its 52-week low of $2.84.

According to TipRanks.com, Chen has currently 0 stars on a ranking scale of 0-5 stars, with an average return of -33.7% and a 21.8% success rate. Chen covers the Healthcare sector, focusing on stocks such as Bausch + Lomb Corporation, EyePoint Pharmaceuticals, and Kiora Pharmaceuticals.

The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Anixa Biosciences with a $12.00 average price target.

See today’s best-performing stocks on TipRanks >>

Amylyx Pharmaceuticals Inc (AMLX)

In a report released today, Andrew Fein from H.C. Wainwright maintained a Buy rating on Amylyx Pharmaceuticals Inc, with a price target of $50.00. The company’s shares closed last Friday at $17.32, close to its 52-week low of $16.76.

According to TipRanks.com, Fein ‘s ranking currently consits of 0 on a 0-5 ranking scale, with an average return of -6.9% and a 33.6% success rate. Fein covers the Healthcare sector, focusing on stocks such as DBV Technologies SA – American, Deciphera Pharmaceuticals, and Zentalis Pharmaceuticals.

The word on The Street in general, suggests a Strong Buy analyst consensus rating for Amylyx Pharmaceuticals Inc with a $47.50 average price target, implying a 180.2% upside from current levels. In a report issued on October 4, Bank of America Securities also maintained a Buy rating on the stock with a $47.00 price target.

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