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Analysts Offer Insights on Healthcare Companies: Vir Biotechnology (VIR), MacroGenics (MGNX) and Outlook Therapeutics (OTLK)

Companies in the Healthcare sector have received a lot of coverage today as analysts weigh in on Vir Biotechnology (VIRResearch Report), MacroGenics (MGNXResearch Report) and Outlook Therapeutics (OTLKResearch Report).

Vir Biotechnology (VIR)

In a report released today, Patrick Trucchio from H.C. Wainwright reiterated a Buy rating on Vir Biotechnology, with a price target of $95.00. The company’s shares closed last Monday at $8.63, close to its 52-week low of $7.72.

According to TipRanks.com, Trucchio is ranked 0 out of 5 stars with an average return of -21.4% and a 25.5% success rate. Trucchio covers the Healthcare sector, focusing on stocks such as Freeline Therapeutics Holdings, Arrowhead Pharmaceuticals, and Milestone Pharmaceuticals.

The word on The Street in general, suggests a Strong Buy analyst consensus rating for Vir Biotechnology with a $32.86 average price target, representing a 274.7% upside. In a report issued on November 2, Leerink Partners also maintained a Buy rating on the stock with a $24.00 price target.

See the top stocks recommended by analysts >>

MacroGenics (MGNX)

BTIG analyst Kaveri Pohlman maintained a Buy rating on MacroGenics yesterday and set a price target of $12.00. The company’s shares closed last Monday at $5.44.

According to TipRanks.com, Pohlman has 0 stars on 0-5 stars ranking scale with an average return of -31.7% and a 15.5% success rate. Pohlman covers the Healthcare sector, focusing on stocks such as Sonnet BioTherapeutics Holdings, Mersana Therapeutics, and Gritstone Oncology.

Currently, the analyst consensus on MacroGenics is a Strong Buy with an average price target of $12.80, representing a 137.0% upside. In a report released today, JMP Securities also maintained a Buy rating on the stock with a $10.00 price target.

Outlook Therapeutics (OTLK)

BTIG analyst Julian Harrison maintained a Hold rating on Outlook Therapeutics yesterday. The company’s shares closed last Monday at $0.45, close to its 52-week low of $0.20.

According to TipRanks.com, Harrison is a 1-star analyst with an average return of -2.4% and a 32.0% success rate. Harrison covers the Healthcare sector, focusing on stocks such as MoonLake Immunotherapeutics, Rani Therapeutics Holdings, and Mereo Biopharma Group Plc.

The word on The Street in general, suggests a Hold analyst consensus rating for Outlook Therapeutics with a $1.38 average price target.

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