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Analysts’ Top Healthcare Picks: GlycoMimetics (GLYC), Alignment Healthcare (ALHC)

There’s a lot to be optimistic about in the Healthcare sector as 2 analysts just weighed in on GlycoMimetics (GLYCResearch Report) and Alignment Healthcare (ALHCResearch Report) with bullish sentiments.

GlycoMimetics (GLYC)

TD Cowen analyst Boris Peaker maintained a Buy rating on GlycoMimetics today. The company’s shares closed last Friday at $1.30.

According to TipRanks.com, Peaker is a 5-star analyst with an average return of 22.8% and a 46.6% success rate. Peaker covers the Healthcare sector, focusing on stocks such as Pacira Pharmaceuticals, ImmunoGen, and Seagen.

GlycoMimetics has an analyst consensus of Moderate Buy, with a price target consensus of $8.00.

See Insiders’ Hot Stocks on TipRanks >>

Alignment Healthcare (ALHC)

In a report released today, Nathan Rich from Goldman Sachs maintained a Buy rating on Alignment Healthcare. The company’s shares closed last Friday at $6.15, close to its 52-week low of $4.88.

According to TipRanks.com, Rich is a 3-star analyst with an average return of 1.2% and a 55.7% success rate. Rich covers the Healthcare sector, focusing on stocks such as Amneal Pharmaceuticals, Elanco Animal Health, and Patterson Companies.

Alignment Healthcare has an analyst consensus of Moderate Buy, with a price target consensus of $8.75.

TipRanks has tracked 36,000 company insiders and found that a few of them are better than others when it comes to timing their transactions. See which 3 stocks are most likely to make moves following their insider activities.

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