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Analysts Are Bullish on Top Healthcare Stocks: Sonendo (SONX), Rani Therapeutics Holdings (RANI)

There’s a lot to be optimistic about in the Healthcare sector as 3 analysts just weighed in on Sonendo (SONXResearch Report), Rani Therapeutics Holdings (RANIResearch Report) and Valneva (VALNResearch Report) with bullish sentiments.

Sonendo (SONX)

Bank of America Securities analyst Allen Lutz reiterated a Buy rating on Sonendo today and set a price target of $1.00. The company’s shares closed last Wednesday at $0.24, close to its 52-week low of $0.22.

According to TipRanks.com, Lutz is a 2-star analyst with an average return of -0.7% and a 60.5% success rate. Lutz covers the Healthcare sector, focusing on stocks such as Definitive Healthcare Corp, Walgreens Boots Alliance, and Patterson Companies.

Currently, the analyst consensus on Sonendo is a Moderate Buy with an average price target of $1.25.

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

Rani Therapeutics Holdings (RANI)

In a report released today, Mitchell Kapoor from H.C. Wainwright reiterated a Buy rating on Rani Therapeutics Holdings, with a price target of $20.00. The company’s shares closed last Wednesday at $1.98, close to its 52-week low of $1.85.

According to TipRanks.com, Kapoor is ranked 0 out of 5 stars with an average return of -23.7% and a 22.9% success rate. Kapoor covers the Healthcare sector, focusing on stocks such as Reneo Pharmaceuticals, Century Therapeutics, and Carisma Therapeutics.

Rani Therapeutics Holdings has an analyst consensus of Strong Buy, with a price target consensus of $20.25.

Valneva (VALN)

H.C. Wainwright analyst Edward White reiterated a Buy rating on Valneva today and set a price target of $22.00. The company’s shares closed last Wednesday at $11.60.

According to TipRanks.com, White ‘s ranking currently consits of 0 on a 0-5 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.

Valneva has an analyst consensus of Moderate Buy, with a price target consensus of $22.00.

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