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Analysts Offer Insights on Healthcare Companies: ANI Pharmaceuticals (ANIP), Rani Therapeutics Holdings (RANI) and Novavax (NVAX)

There’s a lot to be optimistic about in the Healthcare sector as 3 analysts just weighed in on ANI Pharmaceuticals (ANIPResearch Report), Rani Therapeutics Holdings (RANIResearch Report) and Novavax (NVAXResearch Report) with bullish sentiments.

ANI Pharmaceuticals (ANIP)

H.C. Wainwright analyst Oren Livnat reiterated a Buy rating on ANI Pharmaceuticals today and set a price target of $73.00. The company’s shares closed last Wednesday at $54.32.

According to TipRanks.com, Livnat is a 1-star analyst with an average return of -2.8% and a 38.9% success rate. Livnat covers the Healthcare sector, focusing on stocks such as Verrica Pharmaceuticals, Avadel Pharmaceuticals, and Tarsus Pharmaceuticals.

Currently, the analyst consensus on ANI Pharmaceuticals is a Strong Buy with an average price target of $71.67.

See Insiders’ Hot 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 $16.00. The company’s shares closed last Wednesday at $1.98, close to its 52-week low of $1.82.

According to TipRanks.com, Kapoor is currently ranked with 0 stars on a 0-5 stars ranking scale, with an average return of -23.6% and a 19.7% success rate. Kapoor covers the Healthcare sector, focusing on stocks such as Reneo Pharmaceuticals, Century Therapeutics, and Carisma Therapeutics.

The word on The Street in general, suggests a Strong Buy analyst consensus rating for Rani Therapeutics Holdings with a $20.60 average price target, implying an 881.0% upside from current levels. In a report issued on November 3, Canaccord Genuity also maintained a Buy rating on the stock with a $26.00 price target.

Novavax (NVAX)

In a report released today, Vernon Bernardino from H.C. Wainwright reiterated a Buy rating on Novavax, with a price target of $35.00. The company’s shares closed last Wednesday at $6.80, close to its 52-week low of $5.61.

According to TipRanks.com, Bernardino is a 4-star analyst with an average return of 5.0% and a 25.6% success rate. Bernardino covers the Healthcare sector, focusing on stocks such as Finch Therapeutics Group, Citius Pharmaceuticals, and Aridis Pharmaceuticals.

Currently, the analyst consensus on Novavax is a Moderate Buy with an average price target of $18.33, a 154.9% upside from current levels. In a report issued on October 27, B.Riley Financial also reiterated a Buy rating on the stock with a $15.00 price target.

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