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Analysts Offer Insights on Healthcare Companies: Deciphera Pharmaceuticals (DCPH) and Ocular Therapeutix (OCUL)

There’s a lot to be optimistic about in the Healthcare sector as 2 analysts just weighed in on Deciphera Pharmaceuticals (DCPHResearch Report) and Ocular Therapeutix (OCULResearch Report) with bullish sentiments.

Deciphera Pharmaceuticals (DCPH)

JMP Securities analyst Reni Benjamin reiterated a Buy rating on Deciphera Pharmaceuticals today and set a price target of $23.00. The company’s shares closed last Friday at $12.15.

According to TipRanks.com, Benjamin ‘s ranking currently consits of 0 on a 0-5 ranking scale, with an average return of -16.2% and a 26.5% success rate. Benjamin covers the Healthcare sector, focusing on stocks such as Iovance Biotherapeutics, Bicycle Therapeutics, and Blueprint Medicines.

Currently, the analyst consensus on Deciphera Pharmaceuticals is a Strong Buy with an average price target of $42.38, a 255.8% upside from current levels. In a report issued on October 30, Piper Sandler also upgraded the stock to Buy with a $23.00 price target.

See the top stocks recommended by analysts >>

Ocular Therapeutix (OCUL)

JMP Securities analyst Jonathan Wolleben reiterated a Buy rating on Ocular Therapeutix today and set a price target of $12.00. The company’s shares closed last Friday at $3.26.

According to TipRanks.com, Wolleben is ranked 0 out of 5 stars with an average return of -9.2% and a 26.1% success rate. Wolleben covers the Healthcare sector, focusing on stocks such as Structure Therapeutics, Inc. Sponsored ADR, Sagimet Biosciences, Inc. Class A, and DBV Technologies SA – American.

Ocular Therapeutix has an analyst consensus of Strong Buy, with a price target consensus of $13.40, implying a 298.8% upside from current levels. In a report issued on November 1, H.C. Wainwright also reiterated a Buy rating on the stock with a $12.00 price target.

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