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Analysts Offer Insights on Healthcare Companies: Adaptimmune Therapeutics (ADAP), Crinetics Pharmaceuticals (CRNX) and PolyPid (PYPD)

There’s a lot to be optimistic about in the Healthcare sector as 3 analysts just weighed in on Adaptimmune Therapeutics (ADAPResearch Report), Crinetics Pharmaceuticals (CRNXResearch Report) and PolyPid (PYPDResearch Report) with bullish sentiments.

Adaptimmune Therapeutics (ADAP)

In a report released today, Marc Frahm from TD Cowen maintained a Buy rating on Adaptimmune Therapeutics. The company’s shares closed last Wednesday at $0.56, close to its 52-week low of $0.52.

According to TipRanks.com, Frahm is a 4-star analyst with an average return of 11.0% and a 43.5% success rate. Frahm covers the Healthcare sector, focusing on stocks such as Black Diamond Therapeutics, Day One Biopharmaceuticals, and Janux Therapeutics Inc.

Adaptimmune Therapeutics has an analyst consensus of Moderate Buy, with a price target consensus of $3.80, implying a 566.4% upside from current levels. In a report issued on October 31, Mizuho Securities also maintained a Buy rating on the stock with a $9.00 price target.

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Crinetics Pharmaceuticals (CRNX)

In a report released today, Cory Jubinville, PhD from LifeSci Capital maintained a Buy rating on Crinetics Pharmaceuticals, with a price target of $57.00. The company’s shares closed last Wednesday at $28.28.

PhD has an average return of 60.9% when recommending Crinetics Pharmaceuticals.

According to TipRanks.com, PhD is ranked #2161 out of 8601 analysts.

Crinetics Pharmaceuticals has an analyst consensus of Strong Buy, with a price target consensus of $48.00, representing a 65.0% upside. In a report issued on October 26, Oppenheimer also maintained a Buy rating on the stock with a $46.00 price target.

PolyPid (PYPD)

In a report released today, Roy Buchanan from JMP Securities reiterated a Buy rating on PolyPid, with a price target of $13.00. The company’s shares closed last Tuesday at $4.24, close to its 52-week low of $3.57.

According to TipRanks.com, Buchanan ‘s ranking currently consits of 0 on a 0-5 ranking scale, with an average return of -34.1% and a 21.1% success rate. Buchanan covers the Healthcare sector, focusing on stocks such as Arbutus Biopharma, Hookipa Pharma, and CureVac.

PolyPid has an analyst consensus of Moderate Buy, with a price target consensus of $13.00.

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