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Analysts Offer Insights on Healthcare Companies: Biora Therapeutics (BIOR), Bolt Biotherapeutics (BOLT) and Immunovant (IMVT)

There’s a lot to be optimistic about in the Healthcare sector as 3 analysts just weighed in on Biora Therapeutics (BIORResearch Report), Bolt Biotherapeutics (BOLTResearch Report) and Immunovant (IMVTResearch Report) with bullish sentiments.

Biora Therapeutics (BIOR)

In a report released today, Joseph Pantginis from H.C. Wainwright reiterated a Buy rating on Biora Therapeutics, with a price target of $50.00. The company’s shares closed last Monday at $2.44, close to its 52-week low of $1.76.

According to TipRanks.com, Pantginis is ranked 0 out of 5 stars with an average return of -12.8% and a 24.6% 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 Biora Therapeutics is a Moderate Buy with an average price target of $50.00.

See the top stocks recommended by analysts >>

Bolt Biotherapeutics (BOLT)

H.C. Wainwright analyst Edward White reiterated a Buy rating on Bolt Biotherapeutics today and set a price target of $8.00. The company’s shares closed last Monday at $0.95, close to its 52-week low of $0.89.

According to TipRanks.com, White is currently ranked with 0 stars on a 0-5 stars ranking scale, with an average return of -25.3% and a 21.9% success rate. White covers the Healthcare sector, focusing on stocks such as 60 Degrees Pharmaceuticals, Inc., Karyopharm Therapeutics, and Inhibikase Therapeutics.

Bolt Biotherapeutics has an analyst consensus of Strong Buy, with a price target consensus of $6.33, which is a 508.7% upside from current levels. In a report released yesterday, JonesTrading also maintained a Buy rating on the stock with a $5.00 price target.

Immunovant (IMVT)

In a report released today, Douglas Tsao from H.C. Wainwright maintained a Buy rating on Immunovant, with a price target of $47.00. The company’s shares closed last Monday at $33.80.

According to TipRanks.com, Tsao is a 3-star analyst with an average return of 1.3% and a 34.9% success rate. Tsao covers the Healthcare sector, focusing on stocks such as Cerevel Therapeutics Holdings, Praxis Precision Medicines, and Crinetics Pharmaceuticals.

The word on The Street in general, suggests a Strong Buy analyst consensus rating for Immunovant with a $42.69 average price target, representing a 26.0% upside. In a report issued on October 13, UBS also upgraded the stock to Buy with a $55.00 price target.

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